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This Growth Stock Is Slowing Down. Buy, Sell, or Hold Now?

TheMotleyFool

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This Growth Stock Is Slowing Down. Buy, Sell, or Hold Now?: https://g.foolcdn.com/editorial/images/698061/young-woman-holding-credit-card-and-smartphone-and-thinking-with-chin-on-fist-online-mobile-shopping-e-commerce.jpg

JD.com (NASDAQ: JD), a leading e-commerce company in China, had a great year in 2021. Revenue grew 28% to a record high, and annual active customers reached a new high of 570 million.

But when JD announced its second-quarter 2022 results on Aug. 23, investors saw a substantial decline in revenue growth to just 5%. Those who expected JD to sustain its high double-digit growth rate were disappointed.

Still, investors should dig further into the earnings result to get a complete picture. Here are a few important things to know about JD's recent performance.

Source Fool.com

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