JD, OKTA and ZIM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 22, 2024.
In the most recent trading session, JD.com, Inc. (JD) closed at $39.68, indicating a -0.75% shift from the previous trading day.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
JD.com remains a buy due to expected revenue acceleration, margin expansion, and strong EPS growth, despite the stock's recent increase. Revenue growth will be driven by macro environment improvements, recovery from past actions, and 3P & general merchandise market expansion. JD is still undervalued, with the market pricing it as if it will shrink, making it an attractive investment.
OKTA, JD and ZIM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 18, 2024.
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.
The P/B ratio helps to identify low-priced stocks with high growth prospects. SSRM, KBH, PSFE, JD and PEB are some such stocks.
JD.com (JD) possesses solid growth attributes, which could help it handily outperform the market.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
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.
OKTA, JD and ZIM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 14, 2024.