As we embark on a new year, I’m reminded of a compelling investment opportunity that caught my attention at the dawn of 2024. It was none other than JD.com, Inc. (NASDAQ:JD), a stock that suffered significantly in 2023. In my initial assessment, I made the case for why this Chinese e-commerce giant was poised for a comeback.
Full disclosure: I hold a long position in BABA and JD through a combination of stock ownership, options, and derivatives. My opinion is entirely my own, and I receive no compensation for sharing it, aside from my affiliation with Seeking Alpha. I maintain no business ties with any companies mentioned in this article.
A crucial reminder: past performance is not indicative of future results. This article is not intended to provide personalized investment advice or recommendations. The views expressed are solely those of the author and may not reflect the opinions of Seeking Alpha as a whole. It’s essential to note that Seeking Alpha is not a licensed securities dealer, broker, or investment adviser, and our analysts are independent authors with diverse backgrounds and expertise.
Leave a Reply