$1.6 trillion asset manager just announced stake in this Michael Burry stock pick
Group 1 - Bank of America has announced a 1% stake acquisition in JD.com, highlighting the company's growth potential and leading position in the e-commerce sector [3][5] - JD.com has gained over 20% year-to-date in 2025, with a current valuation of 47.5 billion, reflecting a 13.4% year-over-year increase [7] - Analysts from various firms have raised their price targets for JD.com, with Susquehanna increasing it to 56, and Mizuho to $50, indicating positive sentiment in the market [8][9][10] - The company's significant investments in logistics infrastructure are expected to support continued growth, alongside anticipated benefits from government stimulus policies [4][5]