Reported 4 months ago
JD.com, Inc. (NASDAQ:JD) has been recognized as a leading stock among Michael Burry's selections, indicating substantial upside potential. Burry, renowned for his investment strategies and market predictions, holds a stake worth $10.4 million in JD.com, which specializes in e-commerce and supply chain technology in China. The company has shown notable financial growth, with Q4 revenues increasing by 13.4% year-over-year, and is benefiting from government policies that stimulate demand in consumer electronics. Despite volatility in the tech sector, JD.com ranks third in potential among Burry's picks, with analysts projecting a 47.93% upside.
Source: YAHOO