$JD-SW (09618.HK)$ Problem HK China traders like to trade in...
$JD-SW(09618.HK$ Problem HK China traders like to trade in and out. Qtr results show every Qtr, JD.com continuously earns impressive Q-o-Q grow with good free cash flow profit with strong fwd PE 8 only. Many bankers & analysts in the US estimate profit easily can be doubled by the end of 2024 once the China market sentiment improves. Hope more traders and investors realise it and look for multi baggar returns.
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HappyGotLucky : I agree with you, but you already mentioned Trader here. Trader looks for shorter-term profit and moves on once it reaches the profit range. They don't like to hold their fund in a single stock. There are just too many
in the forest.