UP Fintech Holding: Look Beyond One-Offs And Consider Positive Growth Momentum
TIGRUP Fintech Holding(TIGR) Seeking Alpha·2024-09-02 16:08
Daniel Balakov My Buy investment rating for UP Fintech Holding Limited (NASDAQ:TIGR) remains unchanged. Investors should ignore the headline earnings miss for TIGR, as this was attributable to a one-off provision which won't likely recur in the future. Instead, the market should reward UP Fintech for its positive growth momentum. TIGR achieved significant revenue growth acceleration in Q2 2024, and delivered a substantial top line beat. The favorable growth momentum for TIGR is likely to be sustained go ...