Company Overview - Qifu Technology, Inc. (QFIN) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3][12] - The company has a Zacks Rank of 1 (Strong Buy), which is associated with a historical outperformance in the market [4][12] Price Performance - Over the past week, QFIN shares have increased by 10.37%, significantly outperforming the Zacks Technology Services industry, which rose by 1.57% [7] - In the last quarter, QFIN shares have risen by 44.98%, and over the past year, they have surged by 145.7%, while the S&P 500 has only increased by 9.71% and 33.24%, respectively [8] Trading Volume - QFIN's average 20-day trading volume is 1,433,438 shares, which serves as a bullish indicator when combined with rising stock prices [9] Earnings Estimates - In the past two months, two earnings estimates for QFIN have been revised upwards, raising the consensus estimate from 5.71 [11] - For the next fiscal year, two estimates have also moved upwards with no downward revisions during the same period [11]
Here's Why Qifu Technology, Inc. (QFIN) is a Great Momentum Stock to Buy