Luckin Coffee: Long Growth Runway, Undemanding Valuation

Luckin Coffee ( OTCPK:LKNCY ) shares are up 38% YTD and are up over 15-fold since their accounting troubles in 2020. The coffee chain still has a long growth runway, and their valuation is undemanding.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking ...