LexinFintech Holdings Ltd. (NASDAQ:LX) is among the best stocks with the highest upside potential. According to the recent disclosure with the Securities and Exchange Commission, Nomura Holdings Inc. has increased its position in LexinFintech Holdings Ltd. (NASDAQ:LX) by a whopping 437.7% during the first quarter. Following the addition of 414,749 shares, the firm now owns 509,512 shares of the company’s stock, valued at $5,141,000.
With the rise in BNPL services, the outlook looks overwhelmingly positive for LexinFintech Holdings Ltd. (NASDAQ:LX). The economic appeal of BNPL, particularly in lower-income younger generations, is increasingly replacing traditional credit card transactions. Even if we consider the one-year return, the company has outperformed the market by an impressive 249.82%.
Additionally, LexinFintech Holdings Ltd. (NASDAQ:LX) has formed key relationships with merchants, lending partners, and registered clients. This, along with its focus on the underbanked user, positions the company well in the market.
LexinFintech Holdings Ltd. (NASDAQ:LX), founded in 2013, is a Chinese company that provides online direct sales and online consumer finance services. The core offerings of the company include Fenqile, Lehua Card, Maiya, and Juzi Licai.
While we acknowledge the potential of LX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.