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$JD.com(JD)$ for sharing these updates from a Chat GPT search just now. These images show 4JD has had quite a list of new developments today (in China as of right now), including new AI news. This AI news is what I have been somewhat thinking moves the price but was more focused on the technicals and letting the market figure out what it wants to move on.
Either way, some big updates today from the company over in China which is likely going to continue get more attention from investors/traders.
Screenshots of a ChatGPT interface displaying text about JD.com. The text lists key developments, including JD.com\'s launch of a digital assistant "Joyin" and new AI product suite, alongside mentions of CEO Xu Lei and stock market updates. Watermarks from X are present.
JD After looking at some of the fundamentals & going over the cash position again (cash vs. market cap is a metric on the fundamental side that I actually do look at, especially with these China names), I went and asked Google simply "What is the most undervalued Chinese stock right now". I then asked Google in "AI Mode". The two results are discussed below and then shown in the images.
The first image shows what the results were in the Google search. JD was listed as the second most undervalued stock, at 42% below it's fair value estimate based on a Morningstar article that came out on August 27th.
$Baidu(BIDU)$ was the most undervalued at 45% below fair value estimate based on the same Morningstar article.... Baidu just went from $85 to $140 in the last four weeks, which is a 65% move up from the absolute low to absolute high. JD's low was $29.90 on August 28th. Even if JD replicated the BIDU move only by a 50% move up from the low, this would put JD at $45 by next week, based on the fact that the low was put in on August 28th. I have traded JD many times in the past and I know how fast this stock can move and "play catch up".
For the second image on the right, this was using the Google AI search function. JD came up as the most undervalued name with an even more undervalued estimate of 61% below fair value. BIDU was much lower on the list. If you look at the two searches, JD was within the top 2 for both searches as the most undervalued Chinese stock right now.
One thing is certain: This stock is extremely cheap and as much as the technical thesis is why I am holding this strong, but the fundamentals are showing an extremely undervalued stock as well.
A screenshot of a webpage displaying text about undervalued Chinese stocks. The text lists JD.com (JD) as a potentially undervalued e-commerce company trading 42% below its fair value estimate, according to a Morningstar article. Other companies mentioned include Baidu Inc (BIDU), Alibaba Group (BABA), BYD Company Limited (BYDF), Tencent Holdings (TCEHY), and Yum China Holdings (YUMC). No additional visual elements or watermarks are present.
A screenshot of a webpage displaying text about undervalued Chinese stocks. The text lists JD.com (JD) as a potentially undervalued e-commerce company trading 42% below its fair value estimate, according to a Morningstar article. Other companies mentioned include Baidu Inc (BIDU), Alibaba Group (BABA), BYD Company Limited (BYDF), Tencent Holdings (TCEHY), and Yum China Holdings (YUMC). No additional visual elements or watermarks are present.
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