Why?
JD is trading near its 52 week low with technical indicators like the RSI pointing to extremely oversold conditions.
JD has a low bar for a beat. Any slight operational efficiency or better than expected margin data could trigger a possible short squeeze.
With a P/E ratio of 8.2x, JD is undervalued and oversold. Institutional buyers often step in at these levels to capture JD's long term intrinsic value. This is estimated to be as high as USD 54.82.
While the market "voting machine" is currently obsessed with a 93% EPS plunge and the Billion Yuan subsidy war, the "weighing machine" reveals a powerhouse trading at liquidation sale prices.
@Daily_Discussion @TigerStars @Tiger_comments @TigerClub @CaptainTiger
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- 1PCΒ·03-08TOPNice Sharing π @Sherniceθ»ε¬£ 2000 @Shyon @JC888 @Barcode @Aqa @DiAngel1Report
- extractoiΒ·03-06Agree, JD oversold and undervalued, ready for a surge! [ηζΆ¨]LikeReport