I opened $JD 20240405 24.5 PUT$ ,🛒 JD.com has really grabbed my attention lately! It closed at $26.80, ticking up by 1.13% and beating the market trends, as the S&P 500 dipped by 0.31%. Over the past month, JD’s stock has soared by nearly 11%, outshining the Retail-Wholesale sector's rise of 2.43% and the S&P's 3.05% increase. JD is expected to announce earnings per share (EPS) of $0.63, down 8.7% year-over-year, yet its revenue looks promising with a slight increase to $35.69 billion. For the year, forecasts are optimistic, predicting earnings of $3.14 per share and revenue hitting $160.06 billion, marking modest but steady growth. In terms of value, JD’s trading at a Forward P/E of just 8.44, a steal compared to the industry average of 20.11. Positioned well within the Internet - Commerce space, part of the bustling Retail-Wholesale sector, JD is standing out in the top 35% of over 250 industries. I'm quite bullish on JD’s prospects – their performance speaks volumes about their market position and potential. Let’s see what happens with the CSP bet! ✌️Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
