Sean Peche Picks 4 Undervalued Stocks as Tencent Earnings Triple Since 2018
Updated
Updated · CNBC · Aug 24
Sean Peche Picks 4 Undervalued Stocks as Tencent Earnings Triple Since 2018
1 articles · Updated · CNBC · Aug 24
Summary
Sean Peche named Ping An, Comcast, Diageo and Tencent as his four standout undervalued stocks, saying he is avoiding AI hype and UniTree’s IPO in favor of out-of-favor names.
Tencent anchors that contrarian case: Peche said Ranmore has been buying it at roughly its 2018 share price even though earnings have tripled, helped by lower AI running costs and tighter capex discipline in China.
Ping An also ranks among Ranmore’s top 10 holdings, with Peche highlighting its 6% dividend yield and valuation below book value despite operating in a still-growing insurance market.
Comcast and Diageo fit the same playbook after sharp share-price weakness, with Peche citing Comcast’s steady cash flow and Diageo’s Guinness growth plus CEO Dave Lewis’s $1 billion restructuring.
The broader bet is that neglected Asian and consumer-facing incumbents can outperform once sentiment shifts, rather than the market’s most crowded AI trades.