Oct. 31 at 5:53 PM
$FINV FinVolution Group (NYSE:FINV) is among the best low-risk stocks to buy now. According to a recent disclosure with the SEC, Canada Pension Plan Investment Board acquired an additional stake in FinVolution Group during the last quarter. The firm now owns 807,797 shares of the company’s stock, which translates to an investment of 1,800,000 shares and an ownership of nearly 0.32%.
If there’s one company that’s stealing the spotlight on the global front, it’s definitely FinVolution The company’s international proceeds are expanding at 74% and the number of international customers is already at 96% YoY. The fintech gem is entering Pakistan, a fifth-most populous market defined by a large unbanked youth population. Despite some unlikely regulatory risks, FinVolution is growing. We expect this growth momentum to continue. The company delivered a 5-year return surpassing the market’s by 395.50%. This, along with the its strong market presence, speaks volumes about the company. BUY
