Tuya: A Solid Speculative Bet

  • Tuya Inc. delivered strong 21% revenue growth and margin expansion, beating estimates, with all segments showing gains and operating expenses declining. Adjusted operating income and net profit surged, highlighting a significant turnaround and improved profitability, with positive cash flow and a healthy balance sheet. The company now pays a dividend, adding to its appeal, and we recommend entering around $2 for a speculative position as the stock pulls back.