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Tuya: Back In A Buy Zone, With A Hefty Yield
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Tuya: Back In A Buy Zone, With A Hefty Yield

Seeking Alpha·Quad 7 Capital·18 days ago
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#source#chevron#alpha#stock#tuya#seeking
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Home Earnings Analysis Tech  Summary Tuya Inc. remains a 5% yielding, range-bound stock with steady revenue growth, ideal for income-focused investors and tactical traders. Q1 revenue grew 8.3% to $81M, with notable strength in AI applications and PaaS, though gross margins declined due to higher costs and product mix shifts. Operating expenses fell 19.3%, supporting net income growth, but adjusted net profit and EPS were flat to down year-over-year. With EPS expected to decline 7% in 2024 before rebounding, we recommend buying TUYA stock near $2 and selling around $2.50 while collecting dividends. Looking for more investing ideas like this one? Get them exclusively at BAD BEAT Investing. Learn More » DNBSTOCK/iStock via Getty Images In today’s column we return to look at 5%-yielding , rangebound, and somewhat speculative Tuya Inc. ( TUYA ). Despite this Chinese stock being range bound, the company is still growing steadily.…

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