JD.com: Buy, Sell, or Hold?
It's been a rough few years for Chinese tech stocks as a weak economy, languishing consumer demand, and Beijing's crackdown on the sector weighed on shares.
As a result, most Chinese stocks have underperformed U.S. shares in recent years, and JD.com (NASDAQ: JD) is clearly among them. Even as the S&P 500 is back at an all-time high, JD.com stock is down 79% from its peak in early 2021, and the stock has declined steadily since then.
However, past performance isn't a guarantee of future returns, and JD's low share price arguably sets it up for a recovery. Let's take a look at the reasons to buy, sell, and hold JD.com.
Source Fool.com
