Investors interested in stocks from the Technology Services sector have probably already heard of Qifu Technology, Inc. (QFIN) and Amplitude, Inc. (AMPL) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that ...

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in stock prices for short-term investing, highlighting Qifu Technology, Inc. (QFIN) as a strong candidate for trend investing due to its recent performance and positive fundamentals [1][3]. Group 1: Stock Performance - QFIN has experienced a significant price increase of 81.6% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also seen a price increase of 17.7% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, QFIN is trading at 99.1% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - QFIN holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. - Historically, Zacks Rank 1 stocks have generated an average annual return of +25% since 1988, underscoring the effectiveness of this ranking system [7]. Group 3: Investment Strategy - The article suggests that investors can utilize the "Recent Price Strength" screen to identify stocks like QFIN that are on an upward trend supported by strong fundamentals [3][8]. - There are over 45 Zacks Premium Screens available for investors to find stocks that align with their personal investing styles [8].

David focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over the long-term. He is a long term investor of quality stocks and uses options for strategy. David told investors to buy in March 2009 at the bottom of the financial crisis. The S&P 500 increased 367% and the Nasdaq increased 685% from 2009 through 2019. He wants to help make people money by investing in high-quality growth stocks.Analyst’s Disclosure: I/we have no stock, option or similar derivative ...

Qifu Technology, Inc. (NASDAQ: QFIN ) is a Chinese digital lending firm for young urban Chinese professionals and came into my notice last year and honestly, when I looked at its fundamentals, I liked it. The valuation was pretty solid andI am a financial writer with a degree in Finance. In my five-year career, I have worked with two financial companies. I keep a close eye on Energy, Banking, and Tech stocks. My main focus is fundamental analysis and looking at the long-term position of a stock instead of s ...

Investors looking for stocks in the Technology Services sector might want to consider either Qifu Technology, Inc. (QFIN) or Ibotta (IBTA) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive e ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Qifu Technology, Inc. (QFIN) shares rallied 7.5% in the last trading session to close at $33.16. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 20.6% gain over the past four weeks.The stock is benefiting from significant improvements in the company’s asset quality and profitability. Business model upgradation, improvement in user engagement via differentiated strategies, and strengthened synergies between te ...

Shares of Qifu Technology Inc (QFIN, Financial) surged 3.84% in mid-day trading on Oct 2. The stock reached an intraday high of $32.90, before settling at $32.05, up from its previous close of $30.86. This places QFIN 2.60% below its 52-week high of $32.90 and 134.25% above its 52-week low of $13.68. Trading volume was 1,522,876 shares, 83.7% of the average daily volume of 1,819,685.Wall Street Analysts ForecastBased on the one-year price targets offered by 13 analysts, the average target price for Qifu Tec ...

SHANGHAI, China, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today issues the following preliminary responses to the key claims made in a report (the “Report”) by Grizzly Research, a short seller, on September 26, 2024. The Company believes that the Report is without merit and contains inaccurate information, flawed analyses, misleading conclusions and interpretations regarding information ...

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Qifu Technology, Inc. (QFIN) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.Qifu Technology, Inc. is one of 317 companies in the Business Services group. The Business Services group currently sits at #7 within the Zacks Sector Rank. The Zacks Secto ...