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JD.com Stock Up 60% in a Year: Should You Buy Ahead of Holiday Season?
JDJD(JD) ZACKS·2024-10-22 17:36

JD.com's (JD) remarkable 60% stock surge over the past year has caught investors' attention. This Chinese e-commerce giant appears well-positioned to maintain its momentum heading into the crucial holiday season. The company's strong performance comes amid improving retail conditions, as evidenced by September's Commerce Department report. Per the report, September retail sales rose 0.4%, surpassing analysts' expectations of 0.3%.The broader retail landscape has shifted favorably since the challenges of 202 ...