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S&P 500   3,246.59 (+0.30%)
DOW   26,815.44 (+0.20%)
QQQ   265.39 (+0.47%)
AAPL   108.22 (+1.03%)
MSFT   203.19 (+1.30%)
FB   249.53 (+0.20%)
GOOGL   1,422.86 (+0.96%)
AMZN   3,019.79 (+0.66%)
NVDA   493.92 (+1.85%)
TSLA   387.79 (+1.95%)
BABA   269.73 (-1.18%)
CGC   14.27 (-2.26%)
GE   6.06 (-0.82%)
MU   49.47 (-0.76%)
AMD   75.82 (+1.46%)
T   28.04 (+0.61%)
F   6.66 (+0.30%)
ACB   5.20 (+0.58%)
GILD   62.25 (-1.33%)
NFLX   473.08 (+0.52%)
DIS   122.49 (-0.64%)
BAC   23.34 (+0.34%)
BA   146.05 (-3.39%)
S&P 500   3,246.59 (+0.30%)
DOW   26,815.44 (+0.20%)
QQQ   265.39 (+0.47%)
AAPL   108.22 (+1.03%)
MSFT   203.19 (+1.30%)
FB   249.53 (+0.20%)
GOOGL   1,422.86 (+0.96%)
AMZN   3,019.79 (+0.66%)
NVDA   493.92 (+1.85%)
TSLA   387.79 (+1.95%)
BABA   269.73 (-1.18%)
CGC   14.27 (-2.26%)
GE   6.06 (-0.82%)
MU   49.47 (-0.76%)
AMD   75.82 (+1.46%)
T   28.04 (+0.61%)
F   6.66 (+0.30%)
ACB   5.20 (+0.58%)
GILD   62.25 (-1.33%)
NFLX   473.08 (+0.52%)
DIS   122.49 (-0.64%)
BAC   23.34 (+0.34%)
BA   146.05 (-3.39%)
S&P 500   3,246.59 (+0.30%)
DOW   26,815.44 (+0.20%)
QQQ   265.39 (+0.47%)
AAPL   108.22 (+1.03%)
MSFT   203.19 (+1.30%)
FB   249.53 (+0.20%)
GOOGL   1,422.86 (+0.96%)
AMZN   3,019.79 (+0.66%)
NVDA   493.92 (+1.85%)
TSLA   387.79 (+1.95%)
BABA   269.73 (-1.18%)
CGC   14.27 (-2.26%)
GE   6.06 (-0.82%)
MU   49.47 (-0.76%)
AMD   75.82 (+1.46%)
T   28.04 (+0.61%)
F   6.66 (+0.30%)
ACB   5.20 (+0.58%)
GILD   62.25 (-1.33%)
NFLX   473.08 (+0.52%)
DIS   122.49 (-0.64%)
BAC   23.34 (+0.34%)
BA   146.05 (-3.39%)
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JD.Com Inc (NASDAQ:JD) Given Average Recommendation of "Buy" by Brokerages

Last updated on Wednesday, September 16, 2020 | 2020 MarketBeat

Shares of JD.Com Inc (NASDAQ:JD) have received an average rating of "Buy" from the twenty-six analysts that are currently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, seventeen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $64.68.

Several brokerages recently commented on JD. Cfra boosted their price target on JD.Com from $48.00 to $67.00 and gave the company a "buy" rating in a research note on Tuesday, May 19th. Zacks Investment Research upgraded JD.Com from a "hold" rating to a "strong-buy" rating and set a $71.00 target price for the company in a report on Tuesday, July 21st. Benchmark boosted their target price on JD.Com from $66.00 to $76.00 and gave the stock a "buy" rating in a report on Tuesday, August 18th. BidaskClub upgraded JD.Com from a "hold" rating to a "buy" rating in a report on Saturday, August 22nd. Finally, Bank of America upgraded JD.Com to a "buy" rating and upped their price target for the stock from $73.00 to $85.00 in a report on Wednesday, August 19th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Shine Investment Advisory Services Inc. bought a new stake in JD.Com in the second quarter valued at $26,000. Cullen Frost Bankers Inc. bought a new stake in JD.Com in the second quarter valued at $30,000. American Beacon Advisors Inc. bought a new stake in JD.Com in the first quarter valued at $47,000. SRS Capital Advisors Inc. grew its position in JD.Com by 27.7% in the second quarter. SRS Capital Advisors Inc. now owns 798 shares of the information services provider's stock valued at $48,000 after acquiring an additional 173 shares during the period. Finally, Exchange Traded Concepts LLC bought a new stake in JD.Com in the second quarter valued at $50,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Shares of NASDAQ JD traded down $1.22 during trading hours on Wednesday, hitting $75.78. The stock had a trading volume of 223,784 shares, compared to its average volume of 15,532,537. The company has a market capitalization of $112.33 billion, a P/E ratio of 38.13, a P/E/G ratio of 1.24 and a beta of 0.97. The firm's 50-day moving average price is $71.02 and its two-hundred day moving average price is $55.41. JD.Com has a 52 week low of $27.47 and a 52 week high of $86.58. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.88 and a current ratio of 1.20.

JD.Com (NASDAQ:JD) last announced its quarterly earnings results on Monday, August 17th. The information services provider reported $3.51 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.28 by $3.23. The business had revenue of $201.10 billion during the quarter, compared to analysts' expectations of $190.02 billion. JD.Com had a return on equity of 9.53% and a net margin of 3.34%. The firm's quarterly revenue was up 33.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.30 EPS. As a group, analysts expect that JD.Com will post 1.2 EPS for the current fiscal year.

JD.Com Company Profile

JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.

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Analyst Recommendations for JD.Com (NASDAQ:JD)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

7 Stocks That Don’t Care Who Wins the Election

Many investors confuse volatility in an election year with the market performance during an election year. Historically, investors don’t care all that much who wins the election.

There is historical evidence that the market will rise after a Republican wins and dip after a Democrat wins. But that same evidence suggests that those trends flip in the first year of a presidency. It just proves that there’s a difference between campaigning and governing.

What can be different is where investors choose to make their money. It’s very clear that certain sectors perform better under a Republican administration than a Democrat administration. But that’s not the focus of this presentation.

Rather, we’re taking a look at companies, and stocks, that should profit no matter who occupies 1600 Pennsylvania Avenue. Some of these will be familiar names, but we’re trying not to be too obvious. Amazon (NASDAQ:AMZN) is a buy no matter who wins. You don’t need an article to tell you that.

And while I wouldn’t call this a list of “coronavirus stocks” the list has some resemblance. The fact is every major event in our nation’s history has a ripple effect. And technologies that we never imagined would become “a thing” become the most important thing in our lives.

View the "7 Stocks That Don’t Care Who Wins the Election".

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