Big-name investor and hedge fund manager over at Appaloosa David Tepper is one of the billionaires to keep watch of in any given year as he makes bets in corners of the market that may be deep of value.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
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.
Although they don't always get it right, professional investors — particularly those that have attained mainstream popularity, are influential for a reason. Every day retail investors and traders turn to them for advice and copy their moves in a bid to replicate their successes.
JD.com Inc (NASDAQ:JD) shares surged on Friday after analysts at Jefferies increased their price target on the Beijing-headquartered online retailer while maintaining a ‘Buy' rating. Analysts raised their price target to $60 from $54.
In the most recent trading session, JD.com, Inc. (JD) closed at $35.37, indicating a +1.81% shift from the previous trading day.
The latest trading day saw JD.com, Inc. (JD) settling at $34.72, representing a -0.74% change from its previous close.
JD.com is a leading e-Commerce company in China, poised to benefit from Beijing's stimulus package aimed at boosting consumer spending and economic growth. The company is highly profitable, generating significant operating income/free cash flow and returning substantial capital to shareholders through aggressive stock buybacks. JD.com trades at a 7.3X forward P/E ratio (14% earnings yield), offering an attractive risk profile.
The biggest trend in the stock market over the past two years has been artificial intelligence, and it has a tremendous runway for growth going forward.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
JD.com is rated a buy due to its attractive valuation, macroeconomic tailwinds, and potential growth in logistics and autonomous technology. China's e-commerce market struggles, but fiscal and monetary actions by the CCP in 2024 and 2025 may boost consumer confidence and retail sales. JD.com's logistics division, including drone and autonomous truck delivery, offers significant growth potential and could drive future company success.
JD.com is well-positioned despite geopolitical risks, with strong domestic focus and limited exposure to U.S. tariffs, making it a Buy. Management's innovations in AI-driven logistics and vertical integration enhance delivery speeds and customer trust, setting JD apart from Alibaba. Strong financials with $153 billion in revenue and $33.6 billion in free cash flow, yet market undervalues JD with a P/E ratio of 11.6.