JD.com: A Cautious Buy On The Back Of Sentiment Recovery And The Economy

PonyWang/iStock via Getty Images JD.com, Inc. (NASDAQ:JD) is cheap compared to American and European e-commerce retailers, but corporate governance concerns as well as Chinese economic uncertainty continue weighing down the stock. The company is currently trading at ~13% Free Cash Flow yield but has managed to double adjusted earnings over the last 3 years as revenue growth was supplemented by profit margin expansion. Companies capable of doubling profits in 3 years do not usually trade at these depress ...