Brokers Suggest Investing in PDD Holdings Inc. Sponsored ADR (PDD): Read This Before Placing a Bet
This article discusses the average brokerage recommendation (ABR) for PDD Holdings Inc. Sponsored ADR (PDD), which is 1.95 (between Strong Buy and Buy). It cautions investors against relying solely on ABRs due to inherent positive bias from brokerage firms, instead recommending the use of the Zacks Rank for more reliable stock predictions. PDD currently holds a Zacks Rank #3 (Hold), suggesting a cautious approach despite the seemingly favorable ABR.
https://finviz.com/news/317281/brokers-suggest-investing-in-pdd-holdings-inc-sponsored-adr-pdd-read-this-before-placing-a-bet