Given the current market situation and JD trading at one of its low PE ratio, is it a good investment option ? Skeptical at this point given the CHINA’s regulations and the economy currently in a down fall. Want to hear groups opinion as the stock value can potentially multifold at this point. #investments #stock #stockmarket
Right now PDD (Temu) is the name of game in Chinese e-commerce and every other stock is getting crushed while it’s valuation sky rocket.
The stock’s 5-year return is essentially zero. The chart looks like a bell curve. I’d want something more concrete than a low P/E unless you just feel like taking a gamble.
Stay away from those weirdos
Is that like a Law degree factory? Then yeah.. they are shackled to that piece of paper 👨🎓
I remember a blind post a while back who claimed to put in $40k into JD at price $40 🤣🤣🤣🤣 The reason for falling Chinese stocks is that foreign investment turned negative for the first time ever in 2023 in China and also because there’s a depression going on in China. The U.S. won vs China without firing a single bullet…
As Confucius would say, Be greedy when others are fearful.
Stay away from China. Invest in Indian stock market.
Seems decent. https://www.tipranks.com/stocks/jd/forecast Getting close to breaking though 20 SMA.