11 Best Performing NASDAQ Stocks So Far in 2025

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8. LexinFintech Holdings Ltd. (NASDAQ:LX)

Number of Hedge Fund Holders: 19

Average Upside Potential as of March 31: 80.78%

LexinFintech Holdings Ltd. (NASDAQ:LX) provides online consumer finance services in China through a technology-driven platform for customers and partners. It offers an online consumer finance platform that allows installment purchases and personal installment loans. It also enables the online direct sales of products like electronics and general merchandise with installment payment terms.

The company’s profitability is mainly driven by its risk management system. In Q4 2024, the company made significant improvements in risk indicators, which came from enhancements in risk identification and management tools. LexinFintech Holdings Ltd. (NASDAQ:LX) was able to improve risk identification by 15%, and stability by 10% with the help of multi-dimensional third-party data and developed customized data systems for varying customer groups.

The company targets high-quality customer segments through customer acquisition channels and optimized credit line decision-making systems. This contributes to a decline in delinquency ratios, which measures the percentage of loans where borrowers have missed their payments. The day-one delinquency ratio for the total loan portfolio dropped by 4% in Q4. Sequentially, the company observed an 8% improvement in the first payment default rate within 7 days for new loans.

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