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Motley Fool
Is JD.com a Buy Now?
JD.Com (NASDAQ: JD), one of China’s top three e-commerce companies, has seen its stock price almost halve after reaching a peak price of $104 in 2021.Yet even as its stock price fell, the company continued to grow its top line by 28% in 2021. JD is an excellent example of what a solid growth company looks like. Between 2016 and 2021, revenue rose at a 30% compound annual growth rate (CAGR) to reach 952 billion yuan ($149 billion).
