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JD.com ( JD - Free Report) is positioning itself to be the big online retailer of China for years to come. This Zacks ranked #1 (Strong Buy) company operates as an online direct sales company in China. The Company, through its Website www.jd.com and mobile applications offers a selection of authentic products. It offers computers; mobile handsets and other digital products, home appliances; automobile accessories; clothing and shoes; luxury goods including handbags, watches and jewelry, furniture and household products; cosmetics and other personal care items; food and nutritional supplements; books, e-books, music, movies and other media products; mother and childcare products; toys, sports and fitness equipment; and virtual goods. JD.com, Inc. is based in Beijing, China. Recent Earnings Report Management recently reported Q1 17 earnings and revenue results where they easily beat both the Zacks consensus earnings and revenue estimates. Further, the company saw year over year gains in net revenues +41.2%, operating cash flow +405%, annual active customer accounts +40% (236.5 million), fulfilled orders +39% (477.1 million) with fulfilled orders placed through mobile devices accounting for 81% of total orders fulfilled (up 56%), and gross merchandise volume (GMV) +42%. Moreover, management is expecting annual revenue growth to be between +35%-39% for Q217, with annual net revenues expected to grow between +33%-37%. Management’s take According to Richard Liu, Chairman and CEO, “ The strong results across the board reflect that the Chinese market is embracing our model of a high-quality online shopping experience. China’s increasingly discerning consumers are migrating en masse to our unwavering vision of online retail that prioritizes quality and user experience above all else. Looking forward, we are focused on further enhancing our customer experience, while leveraging the capabilities of our platform to serve the needs of a broader business ecosystem.” Also, Sidney Huang, CFO, commented, “ We are pleased to report another strong quarter of top and bottom line growth, as margins benefited from our rapidly growing scale across all of our product categories, as well as improved operating leverage. In the quarters ahead, we will continue to invest in innovative technologies to ensure long-term growth across our platform.” Price and Earnings Consensus Graph As you can see in the graph below, the company’s mobile adaptation and success has propelled the stock to all-time highs.