🌟🌟🌟Black Friday Sales is here and it's a great time to go bargain hunting for stocks that are on sale!
Top of my list is $JD.com(JD)$
JD.com. Even though its share price is up 5.2% on Friday's trading, JD.com has dropped by 9.6% in 1 month.
JD.com is one of the largest Chinese ECommerce companies. It is a major competitor to Alibaba's TMall and Taobao.
JD.com reported an excellent Q3 24 earnings on November 14 with revenue growth up by 5.1%, the fastest growth rate over the past 2 years. Non GAAP net income increased 23.9% year over year.
I believe that JD.com offers great value at the last closing price of USD 37.19 compared to its 52 week high of USD 47.82. So that is why JD.com is top of my Black Friday shopping list.
Comments