12 Hot Stocks to Buy According to Analysts

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

Average Upside Potential: 40.66%

Gain Over Past 6 Months: 30.37%

JD.com, Inc. (NASDAQ:JD) is a Chinese e-commerce company that entered into the e-commerce sector in 2004 and became the first major e-commerce company from China to be listed on NASDAQ in 2014. JD has transformed from a pioneering e-commerce platform into a leading technology and service provider with supply chain at its core, and has moved into sectors such as retail, technology, logistics, and healthcare, among others.

JD has successfully built leading supply chain capabilities and fulfillment infrastructure over the past two decades. Based on an involvement in China’s national trade-in initiatives, the company is poised for substantial growth. The company introduced the 2025 trade-in initiative on January 1, which covers more than 200 product subcategories while reaching 90% of counties and rural areas.

Citi initiated a 90-day positive catalyst watch and maintained a Buy rating on JD.com, Inc. (NASDAQ:JD) while setting a price target of $51. According to Citi, factors such as the company’s robust supply chain, continuing the national trade-in programs for 2025 through collaboration with major provinces such as Hubei, Jiangsu, and Hunan, and an omnichannel strategy deem JD a preferred partner for local governments.