Reported about 23 hours ago
Analysts have recently evaluated JD.com, Inc. (NASDAQ: JD) as one of the best internet retail stocks to buy, given its potential for significant revenue growth and positive market positioning. Amidst a volatile market, JD.com reported a 13.4% increase in net revenues in Q4 2024, supported by strong sales in home appliances and electronics. Analysts expect a favorable market response following an optimistic retail sales report in March, leading to potential rally in retail stocks, including JD. The company is also focusing on expanding its logistics capabilities and investing in technology to enhance efficiency.
Source: YAHOO