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Posted by
Two Blokes Jul 21 -
Filed in
Stock
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8 views
JD.com is undervalued with a P/E ratio of 8.33, below peers and U.S. counterparts, despite solid revenue growth and profitability. China's government is actively working to spur domestic consumption, which could drive significant upside for JD if successful. Trade negotiations between China and the U.S. appear promising, and a deal could provide a near-term catalyst for JD's stock price.
