Should You Wait Until After the Election to Buy JD.com?
This has generally been a good year for e-commerce stocks, and that certainly holds true for China's JD.com (NASDAQ: JD) and its shareholders. China's largest online retailer by revenue has seen its stock more than double in 2020.
One might think that the Chinese company's prospects are immune to how the U.S. presidential election plays out next week. However, JD.com does have a lot riding on how the votes stack up on Nov. 3. Given the still percolating trade tensions between China and the U.S. -- and how President Donald Trump and Democratic presidential nominee Joe Biden have been picking up the cadence of their shots at China on the campaign trail -- investors can't ignore the ballot battle. Let's go over whether it's OK to buy shares of JD.com or if you should wait until the votes have been counted.
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Source Fool.com
