10 Dirt Cheap Stocks To Invest In Now

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

Forward P/E Ratio: 7.68

Earnings Growth This Year: 11.17%

Number of Hedge Fund Holders: 78

JD.com, Inc (NASDAQ:JD) is a leading e-commerce company based in China. It sets itself apart from its competitors based on its vast supply chain networks and its low prices. The company operates through four main business segments including JD Retail, JD Logistics, Dada, and New Businesses segment.

On April 11, analyst Fawne Jiang from Benchmark Co. maintained a Buy rating on the stock and maintained the price target of $58. Jiang noted that JD.com, Inc (NASDAQ:JD) is well-positioned to deliver a robust first-quarter performance driven by improved sales in various high-demand categories. The analyst also highlighted that the company holds a leading market share in the B2C segment and exercises its competitive edge through a direct sales model along with an extensive network of logistics.

During the fiscal fourth quarter of 2024, JD.com, Inc (NASDAQ:JD) grew its retail segment revenue by 15% year-over-year while the logistics segment also improved 10% during the same time. It is one of the dirt-cheap stocks to invest in now.

Ariel Global Fund stated the following regarding JD.com, Inc. (NASDAQ:JD) in its Q4 2024 investor letter:

“China-based E-commerce company, JD.com, Inc. (NASDAQ:JD) also detracted from performance over the quarter. The stock came under pressure as some investors took profits on solid earnings performance, while others became concerned with the implications tariffs could have on the Chinese economy. In our view, this share price action runs counter to the company’s solid business fundamentals. The home appliance trade-in program and popular shopping event, Singles’ Day, generated significant consumer spending across various product categories. Additionally, the company’s strategic decision to diversify general merchandise product offerings, expand its third-party marketplace business and monetize advertising streams continues to aid the top- and bottom-lines. Despite the near-term noise, we continue to view the company’s strategic positioning favorably and like JD.com’s long-term growth prospects.”