Bank of America Securities Remains a Buy on JD.com (JD)

Group 1 - JD.com, Inc. (NASDAQ:JD) is recognized as one of the Best 52-Week Low Stocks to Invest In, with a Buy rating reiterated by analysts from Bank of America Securities and CMB International, setting price targets at $36 and $46.8 respectively [1][2] - The company is expected to report a quarterly revenue of approximately RMB356 billion, indicating a year-over-year growth of 2.6%, which aligns with general market consensus [2] - Direct sales revenue is projected to decline by 3.1% year-over-year, primarily due to a 13% drop in home appliance and electronics sales, although this decline may be mitigated by mid-teen growth in general merchandise sales [3] Group 2 - Profitability for JD.com is anticipated to decrease by 22% year-over-year, largely attributed to significant subsidies during the Singles Day event [3] - Wall Street sentiment is largely positive, with 88% of the 40 analysts covering JD.com maintaining a Buy rating, and the 12-month price target suggests over 34% upside potential from current levels [4] - JD.com is identified as China's leading e-commerce company, focusing on direct sales and third-party marketplace services across various categories, supported by its extensive JD Logistics network [5]