$JD-SW(09618.HK)
I am staying invested in JD.com because this is a great company with rock-solid fundamentals. A profitable retail, logistics moat, fast-growing high-margin services, cash rich company.
I did not paper hand during the recent sell down. I trust my research and the company fundamentals.
With the current valuation, JD.com looks super attractive:
- Trailing P/E 21.62x
- P/B ratio 1.38x
It is far cheaper than peers and its own history. Up +4.11% to HKD124.10 on 28 July, In my view, the market’s is overly pessimistic. Great long-term risk-reward here!
Let’s ride on, green dragon 🐉😘
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.