Best Stock to Buy Right Now: JD.com vs. Alibaba
JD.com (NASDAQ: JD) and (NYSE: BABA) are two of the largest e-commerce companies in China. JD.com is the country's largest direct retailer by annual revenue, while Alibaba's Taobao and Tmall are its top third-party online marketplaces.
Both of these stocks were once considered promising blue chip plays on China's economic growth. But their stock prices both declined more than 70% from all-time highs as they grappled with macro, competitive, and regulatory headwinds. So should investors buy either of these out-of-favor Chinese stocks as a contrarian play?
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Source Fool.com
Alibaba Group Holding Ltd ADR Stock
€75.90
0.530%
The stock is one of the favorites of our community with 45 Buy predictions and 3 Sell predictions.
With a target price of 105 € there is a positive potential of 38.34% for Alibaba Group Holding Ltd ADR compared to the current price of 75.9 €.
