JD.com, Inc. (NASDAQ:JD) is among the best low-risk stocks to buy now. According to a recent disclosure with the SEC, Norden Group LLC purchased a new stake in the shares of JD.com, Inc. (NASDAQ:JD). Following the acquisition of 140,602 shares, the advisory firm’s investment in the company is now approximately $4,589,000.
Analysts believe that most Chinese stocks, including JD.com, Inc., are deeply undervalued. With the U.S.-China relationship gradually patching up, the company’s stable fundamentals and growth potential will position it strongly in the market. To say the least, this e-commerce giant is highly profitable, with strong free cash flow and huge operating profit growth in its primary business, JD Retail.
In the second quarter, the company witnessed a recovery in FCF, and as time passes, stock buybacks can return significantly to shareholders. JD.com, Inc., a powerhouse in its own right, is among the successful Chinese online retail names.
JD.com, Inc., headquartered in Beijing, the People’s Republic of China, is a company that engages in supply chain-based technology and services. With three segments: JD Retail, JD Logistics, and New Businesses, the company is committed to improving lives through technology.
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