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The stock market has performed well in 2024, but not all stocks are in the same boat.
Recently, Zacks.com users have been paying close attention to JD.com (JD). This makes it worthwhile to examine what the stock has in store.
JD.com (JD) could produce exceptional returns because of its solid growth attributes.
The average of price targets set by Wall Street analysts indicates a potential upside of 52.1% in JD.com (JD). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
JD.com, Inc. (JD) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, JD crossed above the 20-day moving average, suggesting a short-term bullish trend.
Chinese companies trading in the United States often trade at a big discount because of the ongoing geopolitical tensions, which will likely escalate if Donald Trump wins the presidency. JD.com (JD) stock has retreated sharply in the last few years.
JD offers a compelling investment opportunity amid its YTD stock price decrease on the back of its e-commerce strength.
Zacks.com users have recently been watching JD.com (JD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
One of legendary investor Michael Burry's top five holdings, JD.com (NASDAQ: JD), announced on August 27 a $5 billion share repurchase program.
The move comes just days after Walmart revealed it would dump its stake in Chinese e-commerce firm JD.com.