JD.com: A 10%+ Shareholder Yield Makes This Too Good To Ignore

  • JD.com has transformed into a profit machine, with steadily expanding margins and robust free cash flow, despite persistent China-related risks. Shareholder returns are now compelling, with a 10%+ yield through dividends and aggressive buybacks, offering tangible value even if the stock remains undervalued. JD trades at a deep discount, especially when accounting for its massive net cash position, which provides a wide margin of safety.