Jim Cramer on Qfin: “China Financials, Not for Me”

Qfin Holdings, Inc. (NASDAQ:QFIN) is one of the stocks that was recently put under the microscope by Jim Cramer. A caller asked Cramer about the stock during the lightning round and mentioned that they bought it in July when it performed strongly before being affected by China trade issues. Cramer replied:

“Yeah, well, the China financials, not for me. I like Alibaba. That’s my only one over there. I’m sticking with that.”

Qfin Holdings, Inc. (NASDAQ:QFIN) operates an AI-driven credit technology platform under the Qifu Jietiao brand. The company provides borrower matching, credit assessment, loan facilitation, and post-loan services for financial institutions, consumers, and small businesses.

While we acknowledge the risk and potential of QFIN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than QFIN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.