JD.com's Share Price Increases 47.7% in a Month: Should You Dive in?

Shares of JD.com (JD) have gained 47.7% in the past month, outperforming the Zacks Internet – Commerce industry's growth of 8.2% and the broader retail sector's return of 5.6%. The stock's bullishness appears to have resulted from the latest stimulus measures announced by the People's Bank of China to revive flagging economic growth of China. The measures include interest rate cuts, which would reduce borrowing costs and prevent scores of debt-laden property owners. Secondly, the central bank will ease rest ...