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Is JD.com Stock a Buy Now?

TheMotleyFool

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JD.com's (NASDAQ: JD) stock price rose 4% on May 17 after the Chinese e-commerce giant posted its first-quarter earnings report. Its revenue rose 18% year over year to 239.7 billion yuan ($37.8 billion) and beat analysts' estimates by $3.1 billion. Its adjusted net income stayed flat at 4.0 billion yuan, or $0.40 per share, but also cleared the consensus forecast by $0.16 a share.

Those headline numbers look solid, but is JD's stock worth buying as the bulls broadly shun both Chinese tech stocks and e-commerce plays?

Image source: JD.com.

Source Fool.com

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