10 Best Foreign Stocks to Buy According to Billionaires

3. JD.com, Inc. (NASDAQ:JD)

Number of Billionaire Investors: 18

Value of Billionaire Holdings: $1.82 billion

JD.com, Inc. (NASDAQ:JD) started as an e-commerce innovator and has grown into a leading tech-driven company with a strong focus on supply chain management. On August 27, 2024, JD.com announced a new $5 billion share repurchase program set to begin in September 2024 and run through August 2027. The company will buy back shares, including American depositary shares, through open-market transactions, private deals, and block trades, depending on market conditions. JD is a top pick among billionaire investors, placing it third on our list of the best foreign stocks.

On March 6, JD.com, Inc. (NASDAQ:JD) announced a $1 per ADS annual dividend, a 31.6% increase from last year’s $0.76, set to be distributed on April 29 to shareholders on record as of April 8. This comes as the company reported strong financial performance, with Q4 revenue surging 13.4% year-over-year to $147.5 billion and full-year revenue rising 6.8% to $158.8 billion. In addition to increasing shareholder returns, JD is working to lower its outstanding shares by repurchasing them.

Mizuho Securities upped JD.com, Inc. (NASDAQ:JD)’s price target from $43 to $50 on March 7, maintaining an Outperform rating. The boost comes after JD reported solid revenue growth, better margins, and strong government-backed initiatives, like an expanded trade-in program. Analysts also raised their FY26 EBITDA forecast by 11% to RMB 57 billion, expecting continued growth, especially in lower-tier markets.