Amid Coronavirus, JD.com Has an Advantage Over Rivals
As the coronavirus ravages the U.S., investors may wish to look across the Pacific for new investments. While the U.S. cases have continued to climb, China has actually reported no new "native" cases in the country for each of the past four days. While China is still seeing new cases, none are from Wuhan or Hubei, the epicenter of the crisis, and all reported new cases have been imported from overseas.
One stock investors may want to consider is Chinese e-commerce company JD.com (NASDAQ: JD). Obviously, with many Chinese citizens still wary of going out and about among crowds, and with the long-term trends pointing to continued e-commerce growth in China and elsewhere, e-commerce companies seem poised to both weather the current storm and come out the other side even stronger.
However, within that sector, there's an additional reason as to why JD is even better positioned than rivals.
Source Fool.com
