FinVolution Remains A Long-Term Bullish Play
Summary
- FinVolution Group's earnings fell in fiscal 2022, but the company is expected to return to growth in fiscal 2023.
- The company's earnings yield and return on capital point to a strong investment case.
- The technicals of FINV stock have not been responding, but improvements in operations and international markets could lead to significant gains.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in FINV over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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