Analysts are Wrong, JD.com Is a Hidden Gem: Inside the Chinese Titan's Explosive Growth and Dirt-Cheap Valuation
JDJD(JD) InvestorPlace·2024-04-22 22:18

Chinese e-commerce giant JD stock (NASDAQ:JD) reported strong fourth-quarter results, indicating that its new initiatives are meaningfully boosting its business. Meanwhile, the valuation of JD stock is extremely low, while I believe that investors are significantly underestimating the strength of the Chinese economy. Finally, the firm’s huge share buyback initiative suggests that JD.com is confident in its own outlook and should lift the shares over the longer term.Given these points, I’m bullish on the com ...