Jumia Technologies AG (JMIA): A Bull Case Theory
From Yahoo Finance: 2025-05-13 09:51:00
Jumia Technologies AG (JMIA) was trading at $2.4 as of May 7th. The company, known as the “Amazon of Africa,” has shifted focus under CEO Francis Dufay, emphasizing profitability and disciplined growth. JumiaPay, their fintech arm, is showing steady growth. With a market cap under $300M, the potential for long-term returns is promising.
While Jumia Technologies AG (JMIA) is not among the 30 Most Popular Stocks Among Hedge Funds, 14 hedge fund portfolios held JMIA at the end of the fourth quarter. Hedge funds are showing varying levels of interest in JMIA, with some believing that other AI stocks may offer greater promise for higher returns in a shorter timeframe. Check out our report on the cheapest AI stock for more information.