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Canada Pension Plan Backs FinVolution Group (FINV)’s Global Push

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 a new stake in FinVolution Group (NYSE:FINV) during the first quarter. The firm now owns 407,797 shares of the company’s stock, which translates to an investment of approximately $3,927,000 and an ownership of nearly 0.16%.

If there’s one company that’s stealing the spotlight on the global front, it’s definitely FinVolution Group (NYSE:FINV). The company’s international proceeds are expanding at 74% and the number of international customers is already at 96% YoY. It doesn’t end there. The fintech gem is entering Pakistan, a fifth-most populous market defined by a large unbanked youth population.

Despite some unlikely regulatory and political risks, FinVolution Group (NYSE:FINV) is growing, and we can expect it to continue this growth momentum in the years ahead. Even considering the previous statistics, the company has delivered a 5-year return that surpasses the market’s return by a compelling 395.50%. This, along with the strong market presence, speaks volumes about the company.

​FinVolution Group (NYSE:FINV) is a Chinese investment holding company focusing its operations on the online consumer finance industry. Incorporated in 2007, the company is dedicated to improving finance through advanced technology.

While we acknowledge the potential of FINV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FINV and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

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  • 175 Teslas
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  • 140 Metas
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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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