Meta Platforms, Inc.

Meta Platforms, Inc. (NASDAQ: FB) (formerly Facebook, Inc.) is focused on developing digital platforms that allow users to interact and communicate with friends and family via mobile devices, computers, virtual reality headsets, and in-home devices. Facebook, Instagram, WhatsApp, and Messenger are among the company's products.

Key Highlights

• FB reported a 33% increase in total revenue to USD 29.01 billion in Q3FY21 (ended September 30, 2021) from USD 21.47 billion in Q3FY20.
• Its Q3FY21 net income was USD 9.19 billion vs. USD 7.85 billion reported in Q3FY20, representing a diluted EPS of USD 3.22.
• On October 28, 2021, Facebook changed its name to Meta Platforms, clubbing all its apps and technologies under one new company brand.
• For Q3FY21, its operating and EBITDA margins were 35.9% and 42.8%, respectively, higher than the industry median of 7.2% and 12.2%.
• The stock is currently trading below its crucial short-term (50-day) and long-term (200-day) SMA support levels and its RSI Index is at 46.57.
• It is leaning towards the higher end of its 52-week range of USD 244.61 to USD 384.33.
• FB's stock price has surged 21.96% in the past nine months.

Technical Price Chart (as of December 07, 2021). Analysis by Kalkine

Conclusion: Considering the decent business fundamentals, global recognition, and technical indicators, we recommend a "Watch" rating on the stock at the current price of USD 324.07, up 1.95%, as of December 07, 2021, 12:38 PM ET.

*The reference data in this report has been partly sourced from REFINITIV.

JD.com, Inc.

JD.com, Inc. (NASDAQ: JD) operates as an e-commerce and retail infrastructure services provider based in China. It also provides supply chain, logistics, and other value-added services to various industries and an online marketplace for third-party merchants to sell items to clients.

Key Highlights

• In Q3FY21 (ended September 30, 2021), the company recorded net revenues of RMB 218.7 billion, up 25.5% YoY.
• However, its net loss for the quarter amounted to RMB 2.8 billion, compared to a net income of RMB 7.6 billion in Q3FY20.
• The free cash flow (excluding the impact of JD Baitiao receivables) for the twelve months ended September 30, 2021, was RMB 28.5 billion, lower than RMB 30.2 billion for the twelve months ended September 30, 2020.
• Stock is currently trading between its crucial short-term (50-day) and long-term (200-day) SMA support levels, and its RSI Index is at 42.57.
• It is currently leaning towards the lower end of its 52-week range of USD 61.65 to USD 108.29.
• JD's stock price fell 12.39% in the nine months.

Technical Price Chart (as of December 07, 2021). Analysis by Kalkine

Conclusion: Considering the company's bleak profit margins, declining bottom line, and other technical indicators, we recommend an "Avoid" rating on the stock at the current price of USD 78.44, up 4.32%, as of December 07, 2021, 12:48 PM ET.

*The reference data in this report has been partly sourced from REFINITIV.

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