Best Stock to Buy: Pinduoduo (PDD) vs. JD.com
JD.com (NASDAQ: JD) and PDD Holdings (NASDAQ: PDD) -- better known as Pinduoduo -- are China's second- and third-largest e-commerce companies, respectively, after (NYSE: BABA).
JD, which was founded in 1998, flourished in Alibaba's shadow by building a massive first-party logistics network and taking on its own inventories instead of relying on third-party sellers. Pinduoduo, founded in 2015, initially carved out a niche with its discount marketplace for China's lower-tier cities before launching the country's largest online agricultural marketplace for farm-to-table produce.
Yet, the market has clearly favored Pinduoduo over JD. During the past 12 months, Pinduoduo's stock soared more than 80% even as JD's stock slumped nearly 50%. Let's see why the newcomer outperformed its older competitor -- and if it's still the better buy.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
The stock is an absolute favorite of our community with 44 Buy predictions and no Sell predictions.
With a target price of 161 € there is a positive potential of 43.75% for Alibaba Group Holding Ltd ADR compared to the current price of 112.0 €.
