11 Oversold Growth Stocks to Buy Now

5. Kanzhun Limited (NASDAQ:BZ)

RSI: 38.83

Estimated average analysts’ upside: 42.12%

Last 5 years revenue CAGR: 55.57%

Number of Hedge Fund Holders: 29

​Kanzhun Limited (NASDAQ:BZ) operates China’s largest online recruitment platform by average monthly active users. The platform facilitates direct communication between job seekers and employers, utilizing AI-driven algorithms for efficient job matching. BZ emerged as a key player in China’s evolving recruitment industry.

Kanzhun Limited (NASDAQ:BZ) delivered strong financial results in Q4 2024, with revenues growing 15% YoY and adjusted net income increasing 15%. For the full year 2024, revenues grew 24% YoY while adjusted net income rose 26%. The company demonstrated robust user growth with average MAU reaching 52.7 million in Q4, up 28% YoY, and successfully added nearly 49.5 million newly verified users throughout 2024. Notably, the company achieved this while reducing marketing expenses compared to 2023, thanks to improved brand recognition and enhanced bilateral network effects.

Looking ahead, Kanzhun Limited (NASDAQ:BZ) is making significant strides in AI implementation, with the release of a new version of its app featuring AI-powered search functions and interview coaching capabilities. The recruitment market has shown positive momentum post-Chinese New Year, with key metrics including active users, active job postings, and new job postings all reaching historical highs. Manufacturing, logistics, automotive, healthcare, education, and professional services have exhibited strong performance, while AI-related job postings have surged by over 60% YoY. With a strong financial position and cash reserves, the current stock price dip positions BZ as one of the best oversold stocks to buy now.