Published on 22 Mar 2024 on Zacks via Yahoo Finance
QFIN or AMPL: Which Is the Better Value Stock Right Now?
Investors with an interest in Technology Services stocks have likely encountered both Qifu Technology, Inc. (QFIN) and Amplitude, Inc. (AMPL). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Qifu Technology, Inc. has a Zacks Rank of #2 (Buy), while Amplitude, Inc. has a Zacks Rank of #3 (Hold) right now. This means that QFIN's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one piece of the puzzle for value investors.