5 Under-the-Radar Stocks With Massive Upside for 2024

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1. JD.com, Inc. (NASDAQ:JD)

Number of Q4 2023 Hedge Fund Shareholders: 56

Average Analyst Share Price Target Upside: 34%

JD.com, Inc. (NASDAQ:JD) is a Chinese retailer headquartered in Beijing, China. Despite a slow Chinese economy, the firm has done well on the financial front as it has beaten analyst EPS estimates in all four of its latest quarters.

56 out of the 933 hedge funds part of Insider Monkey’s Q4 2023 database were JD.com, Inc. (NASDAQ:JD)’s investors. Its largest shareholder among these is Chase Coleman and Feroze Dewan’s Tiger Global Management LLC due to a $254 million investment.

Follow Jd.com Inc (NASDAQ:JD)

Disclosure: None. You can also take a look at the 10 Best Multibagger Stocks to Buy Now and 15 Best Avalara Software Alternatives in 2024.

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