12 Best Growth Stocks to Buy and Hold in 2025

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

Analyst Upside as of January 10, 2025: 44%

Number of Hedge Fund Holders: 75

JD.com, Inc. (NASDAQ:JD), commonly referred to as Jingdong, is one of the largest e-commerce companies in China. JD.com, Inc. (NASDAQ:JD) also provides services in the logistics, cloud, health, industrial, and property industries. The company has over 1,600 warehouses and currently operates in more than 200 countries and regions worldwide.

In the third quarter of 2024, JD.com, Inc. (NASDAQ:JD) shared a positive outlook on its profitability and improved customer sentiment. The company has powerful supply chain capabilities, contributing to its expanding market share in China. As a result, in the third quarter of 2024, JD saw a 5.1% increase in revenue, hinting at sustainable momentum in consumer demand.

Overall order volume and shipping frequency both grew by double digits during the quarter, emphasizing JD’s increasing position in the e-commerce industry. JD.com’s (NASDAQ:JD) value proposition lies in low prices, driven by subsidies, and a strong e-commerce ecosystem supported by its logistics and technological capabilities.

Ariel Investments’ Ariel Global Fund stated the following regarding JD.com, Inc. (NASDAQ:JD) in its Q3 2024 investor letter:

“China-based E-commerce company, JD.com, Inc. (NASDAQ:JD) was the top contributor in the quarter as the People’s Bank of China’s (PBOC) comprehensive stimulus measures bolstered investor confidence in the Chinese economy. The improving economic sentiment is fueling consumer spending which benefits the company’s retail operations. Additionally, the company’s strategic decision to diversify general merchandise product offerings, expand its third-party marketplace business and monetize advertising streams has contributed to consecutive quarterly earnings beats. JD.com is also poised to capitalize on the home appliance trade-in program, which is one of its largest product categories. Given the favorable market environment, the company’s strategic positioning and supply chain efficiency improvements, we continue to like its long-term growth prospects.”

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