Michael Burry’s Top 10 Stock Picks Heading into 2025

5) JD.com, Inc. (NASDAQ:JD)

Scion Asset Management’s Stake Value: $6,460,000

Number of Hedge Fund Holders: 59

JD.com, Inc. (NASDAQ:JD) operates as a supply chain-based technology and service provider in the People’s Republic of China.

JD.com, Inc. (NASDAQ:JD) has a significant position in China’s competitive e-commerce landscape. Its Electronics & Appliances and General Merchandise segments should continue to exhibit strong growth, demonstrating resilience in key product categories. The company’s strong market position and effective business strategies are expected to act as principal tailwinds. JD.com, Inc. (NASDAQ:JD) should benefit from trade-in programs for consumer durable goods.

The broader industry outlook for the Chinese technology sector seems to be positive, which should offer strong growth opportunities. JD.com, Inc. (NASDAQ:JD)’s diverse product portfolio, which includes a strong presence in Electronics & Appliances and General Merchandise, offers numerous avenues for growth. The company’s established logistics network and reputation for authentic products have placed it well to expand in new product categories or deepen penetration in existing ones.

JD.com, Inc. (NASDAQ:JD) remains committed to its low-price strategy and further development of its platform ecosystem.

Ariel Investments, an investment management company, released its first-quarter 2024 investor letter. Here is what the fund said:

“We initiated a position in China-based technology-driven E-commerce company, JD.com, Inc. (NASDAQ:JD). The brand has long been known across the region as a superior online shopping channel due to its unique first-party model and unparalleled fulfillment service underpinned by JD Logistics. Yet, a challenging macro environment drove shares lower as shoppers began seeking bargains. In response, the company made significant investments in elevating its third-party merchant platform to enhance its variety of product offerings and price competitiveness for consumers. We believe these actions will yield an improved product mix, stronger top-line growth and margin expansion on a go-forward basis.”