3 Reasons to Buy JD.com, and 1 Reason to Sell
JD.com's (NASDAQ: JD) share prices rose 3% on Aug. 23 after the Chinese e-commerce giant posted second-quarter numbers that surpassed analysts' expectations on the top and bottom lines.
However, China's unpredictable crackdown on its top tech companies has still caused JD's stock price to decline roughly 30% from its 52-week high. Is the stock worth buying as those headwinds depress its valuation?
Let's examine three compelling reasons to buy JD stock -- as well as one reason to sell it -- to decide.
Source Fool.com
