Buy pdd now?

**PDD Holdings (PDD) is a strong buy at this time.** Here's why:

1. **Strong Analyst Ratings**: PDD has received a "Strong Buy" rating from multiple analysts, including Nomura Securities and Daiwa America, as reported on September 4, 2024. This is a clear indication of the market's positive sentiment towards the stock.
2. **Positive Earnings Momentum**: The company's recent earnings report for the quarter ending May 22, 2024, showed a significant beat on analysts' expectations, with EPS of $2.63 compared to the consensus estimate of $1.44. This positive momentum in earnings is a favorable sign for future performance.
3. **High Growth Potential**: PDD is expected to post $11 EPS for the current fiscal year and $14 EPS for the next fiscal year, indicating a strong growth trajectory. This growth potential is supported by the company's robust revenue growth and efficient operating structure.
4. **Attractive Valuation**: Despite the strong growth prospects, PDD's stock is currently undervalued, with a price target of $136.29, which is significantly higher than the current closing price of $97.2. This suggests that the stock has room to grow from its current levels.
5. **Technical Indicators**: The stock's technical indicators, such as the MACD and RSI, are positive, with a MACD of 0.6, a KDJ of 88.31, and an RSI of 46.15. These indicators suggest that the stock is currently in an uptrend and has potential for further price increases.
6. **Recent Performance**: PDD has shown a positive percentage change of 2.33% on September 16, 2024, with a closing price of $97.2. This recent performance, coupled with the positive technical indicators, suggests that the stock is on a bullish trend.

In conclusion, PDD Holdings (PDD) is a strong buy based on the combination of positive analyst ratings, strong earnings momentum, high growth potential, attractive valuation, and favorable technical indicators.