Is JD.com Stock a Buy?
JD's (NASDAQ: JD) stock surged 150% last year as the Chinese e-commerce giant delivered quarter upon quarter of dazzling growth. But this year, JD lost more than a fourth of its value as regulatory threats in China and the U.S. sparked an investor exodus from Chinese tech stocks.
It might seem unfair for JD to be crushed alongside those other stocks. After all, JD wasn't hit by an antitrust probe and record fine like its rival Alibaba (NYSE: BABA). The regulators didn't suspend JD's app -- as they did with Didi Global (NYSE: DIDI) -- nor did they ask it to suspend its new user registrations, as Tencent (OTC: TCEHY) recently did with WeChat.
Image source: JD.com.
Source Fool.com
