12 Cheapest Stocks with Biggest Upside Potential

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

Upside Potential: 39.29%

Forward P/E Ratio as of January 15: 8.29

Stock Price as of January 15: $34.74

Number of Hedge Fund Investors: 75

JD.com, Inc. (NASDAQ:JD) is one of China’s leading e-commerce platforms which has established itself as a key player in the retail and logistics sectors. The company’s comprehensive online marketplace offers a wide range of products, from electronics and home appliances to general merchandise and fashion items.

JD.com, Inc. (NASDAQ:JD) is continuously improving its user experience and engagement. The company has been investing in various initiatives to make shopping on its platform more convenient and attractive. For instance, the company has extended many services from its first-party products to third-party products, such as free shipping for orders over 59 RMB ($8) and home return services. Additionally, the company has introduced innovative services such as compensation for delayed shipping to exceed user expectations. These efforts are aims to attract new users and enhance their shopping frequency.

JD.com, Inc. (NASDAQ:JD) is also expanding its product offerings across various categories, including electronics, home appliances, general merchandise, and fashion. The company is leveraging its strong supply chain capabilities to scale procurement and increase efficiency, allowing it to offer products at more competitive prices.

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