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Chinese Equities are Back: 2 Top-Ranked Stocks to Ride the Trend
Zacks Investment Research· 2024-04-29 19:00
Over the last few weeks, the Chinese Technology Sector ETF (KWEB) has been showing some very bullish price action. After breaking out from the descending wedge at $25, the ETF followed through last week with a +13% rally last week.This sector ETF, which is filled with Chinese technology stocks is now building significant upward momentum, and it could be starting a major bull run.I would be remiss to exclude the usual disclaimer of investing in Chinese equities, as they do carry additional risk, but the sto ...
JD.com, Inc. (JD) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-04-29 14:05
JD.com, Inc. (JD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned +10.8%, compared to the Zacks S&P 500 composite's -2% change. During this period, the Zacks Internet - Commerce industry, which JD.com falls in, has gained 1.3%. The key question now is: What could be the stock's future direction?While media releases or rum ...
Best Growth Stocks to Buy for April 26th
Zacks Investment Research· 2024-04-26 11:41
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, April 24th:JD.com, Inc. (JD) : This supply chain-based technologies and services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 3.5% over the last 60 days.JD.com has a PEG ratio of 0.21 compared with 0.60 for the industry. The company possesses a Growth Score of A.Sterling Infrastructure, Inc. (STRL) : This e-infrastructure, transport ...
JD.com to Report First Quarter 2024 Financial Results on May 16, 2024
Newsfilter· 2024-04-26 11:00
BEIJING, April 26, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced that it plans to release its unaudited first quarter 2024 financial results on Thursday, May 16, 2024, before the U.S. market opens. JD.com's management will hold a conference call at 8:00 am, Eastern Time on May 16, 2024, (8:00 pm, Beijing/Hong Kong Time on May 16, 2024) to discuss the first quarter 2024 fin ...
Best Growth Stocks to Buy for April 24th
Zacks Investment Research· 2024-04-24 12:31
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, April 24th:JD.com, Inc. (JD) : This supply chain-based technologies and services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 3.5% over the last 60 days.JD.com has a PEG ratio of 0.20 compared with 0.60 for the industry. The company possesses a Growth Score of A.Sterling Infrastructure, Inc. (STRL) : This e-infrastructure, transport ...
Why Chinese Stocks Tencent, PDD Holdings, and JD.com Surged Today
The Motley Fool· 2024-04-22 20:37
Chinese authorities are looking for ways to reattract foreign investment, and cheap Chinese stocks responded accordingly.Shares of Chinese stocks, including Tencent (TCEHY 5.23%), PDD Holdings (PDD 9.38%), and JD.com (JD 5.80%), rallied to start the week, up 5.4%, 9.5%, and 5.8%, respectively, as of 3:50 p.m. ET Monday.The synchronous rise in Chinese stocks followed a favorable regulatory development for private Chinese companies and stocks. In addition, Tencent announced the early release of a hit mobile g ...
Should Value Investors Buy JD.com (JD) Stock?
Zacks Investment Research· 2024-04-22 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, in ...
Analysts are Wrong, JD.com Is a Hidden Gem: Inside the Chinese Titan's Explosive Growth and Dirt-Cheap Valuation
InvestorPlace· 2024-04-22 14:18
Chinese e-commerce giant JD stock (NASDAQ:JD) reported strong fourth-quarter results, indicating that its new initiatives are meaningfully boosting its business. Meanwhile, the valuation of JD stock is extremely low, while I believe that investors are significantly underestimating the strength of the Chinese economy. Finally, the firm’s huge share buyback initiative suggests that JD.com is confident in its own outlook and should lift the shares over the longer term.Given these points, I’m bullish on the com ...
JD.com Announces Updates of Its Share Repurchase Program
Newsfilter· 2024-04-18 11:30
BEIJING, April 18, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. ("JD.com" or the "Company") (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced that, during the quarter ended March 31, 2024, the Company repurchased a total of 87.5 million Class A ordinary shares (equivalent of 43.8 million ADSs) for a total of US$1.2 billion. All of these shares were repurchased in the open markets from both NASDAQ and the Hong Kong Stock ...
JD.com Files Its Annual Report on Form 20-F
Newsfilter· 2024-04-18 11:15
BEIJING, April 18, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. ("JD.com" or the "Company") (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on April 18, 2024 U.S. Eastern Time. The annual report can be accessed on the Company's investor relations website at http://ir.jd.com. The Company w ...