JD.com is named Bull of the Day by Zacks, benefiting from China's economic stimulus

From Nasdaq: 2024-10-15 09:10:00

JD.com JD has been named the Bull of the Day by Zacks Equity Research, benefitting from China’s recent economic stimulus package. With a Zacks Rank #1 (Strong Buy) rating, strong earnings growth forecasts, and discounted valuation, JD.com is a promising stock to watch for potential gains.

Albany International AIN, the Bear of the Day, has struggled recently with flat earnings growth and a declining stock price. Despite being a global advanced textiles and materials processing company, analysts have downgraded AIN to a Zacks Rank #5 (Strong Sell) due to poor earnings estimates and technical breakdown.

Netflix Inc. NFLX is set to report Q3 earnings on October 17, with a year-to-date stock price increase of 54.3%. With an Earnings ESP of +1.37% and Zacks Rank #2 (Buy), Netflix is projected to have strong revenue growth and increased margins, driven by its growing subscriber base and diversified content portfolio.



Read more at Nasdaq: JD.com and Albany International have been highlighted as Zacks Bull and Bear of the Day