JD Stock Recent News
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Renowned investor Michael Burry, of ‘The Big Short' fame, has steadily been increasing his exposure to Chinese markets — starting with Q4 of 2023, and extending to Q1 and Q2 of 2024, per the 13F filings he has submitted to the SEC through his firm, Scion Asset Management.
JD.com (JD) possesses solid growth attributes, which could help it handily outperform the market.
JD.com (JD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
OKTA, JD and ZIM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 16, 2024.
U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 10 points on Tuesday.
OKTA, JD and ZIM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 14, 2024.
JD.com (JD) stock price has staged a strong comeback, as I predicted in August. It soared to a high of $47.78 this month, its highest point since February 2023.
The China stimulus measures have caused Chinese stocks to rocket higher in anticipation of a recovery to come. It's indiscriminately caused any Chinese stock in the computer and technology sector and retail/wholesale sector to get a boost coupled with existing short interest have resulted in double and sometimes triple digits gains in a matter of weeks.
Alibaba, PDD and JD.com are included in this Analyst Blog.
The rally in Chinese stocks may be set for a correction. But JD's fundamentals point to a strengthening company that has the potential to continue rallying.