Michael Burry's 2nd biggest stock pick is crushing it in 2025
Group 1 - Michael Burry has shifted his investment focus from the United States to China, achieving a 74.24% return last year due to a brief Chinese stimulus [2] - As of January 17, 2025, JD's stock has increased by 12.49%, closing at 17.12 million to about 54 to $60, maintaining a 'Buy' rating, anticipating strong performance in the upcoming quarterly report [6] - Both JPMorgan and Citigroup have placed JD on positive catalyst watch, citing revenue growth expectations and the company's first-mover advantage in trade-in programs [7] - The overall Chinese stock market has been buoyed by the country meeting its 5% GDP growth target for 2024, contributing to the positive trading environment for JD [8]