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 one of the favorites of our community with 44 Buy predictions and 2 Sell predictions.
With a target price of 109 € there is a hugely positive potential of 58.2% for Alibaba Group Holding Ltd ADR compared to the current price of 68.9 €.
