What happened

Shares of JD.com (NASDAQ:JD) jumped 10.6% on Tuesday following bullish analyst commentary. 

So what

Stifel analyst Scott Devitt raised his rating on JD.com's stock from hold to buy and boosted his price forecast from $84 to $105. His new estimate suggests the Chinese e-commerce leader's shares could rise another 10% from their current price of $95.49.

Progressively taller rolls of dollar bills standing side by side.

Analysts see more upside ahead for JD.com's investors. Image source: Getty Images.

As China's largest online retailer by revenue, JD.com stands to profit from the growth of the country's massive e-commerce market. Additionally, Devitt sees opportunities for JD.com to cash in on its stakes in other rapidly growing businesses, such as fintech company JD Digits, which hopes to raise $3.1 billion in an upcoming initial public offering (IPO) on the Shanghai Stock Exchange. 

Now what

In addition to its JD Digits stake, JD.com also owns roughly 67% of JD Health, which completed a successful IPO in Hong Kong in December. JD Health provides telehealth services and operates an e-commerce platform for pharmaceutical products. 

JD.com is also reportedly considering a spinoff of its highly regarded logistics operations. JD Logistics could raise as much as $10 billion in an IPO, according to Reuters, which would value the company at approximately $30 billion. 

These holdings help to boost the value of JD.com's stock, and they give investors more ways to win in the years ahead.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.