“Should You GRAB This Stock?”
Grab is a cheap risk-reward play; stock may double if profitability targets are met via financial services and acquisitions.
We continue our global search for value, and one of the stocks you have asked us to look at over time is Grab. The business is operating and the company is growing, but the stock, since its initial public offering through a special purpose acquisition company (SPAC) a few years ago, like many "bubble" companies, has not really delivered the desired results .
Is it now a fraction of what it once was as a promising investment deal?