JD.Com - Internet Star

The Barchart Chart of the Day belongs to the Internet commerce company JD.Com (JD). I found the stock by sorting Barchart's Top Stocks to Own list first by the most number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation.  

JD.com, Inc. operates as an online direct sales company in China. The Company, through its Website www.jd.com and mobile applications offers a selection of authentic products. It offers computers; mobile handsets and other digital products, home appliances; automobile accessories; clothing and shoes; luxury goods including handbags, watches and jewelry, furniture and household products; cosmetics and other personal care items; food and nutritional supplements; books, e-books, music, movies, and other media products; mother and childcare products; toys, sports, and fitness equipment; and virtual goods. JD.com, Inc. is based in Beijing, China.

JD JD.Com

 

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can, therefore, change during the day as the market fluctuates. The indicator numbers are shown below, therefore, may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 2.72% in the last month
  • Relative Strength Index 51.29%
  • Technical support level at 38.81
  • Recently traded at 41.66 with a 50 day moving average of 39.87

Fundamental factors:

  • Market Cap $58.22 billion
  • P/E 62.93
  • Revenue expected to grow 17.90% this year and another 17.90% next year
  • Earnings estimated to increase 17.50% this year, increase an additional 53.50% next year and continue to compound at an annual rate of 54.03% for the next 5 years
  • 37 Wall Street analysts issued 10 strong buy, 22 buy, 4 hold and 1 underperform recommendation on the stock
  • The individual investors following the stock on Motley Fool voted 516 to 17 that the stock will beat the market
  • 88,012 investors are monitoring the stock on Seeking Alpha

Disclosure: None.

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