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The Payday Loan Sector вЂ“ Sucked Down with Sub-Prime. The Long Case for EZCorp (EZPW)
We think that it’s time to aggressively spend within the pay day loan room which, inside our strong view, happens to be inappropriately penalized aided by the sector that is sub-prime. We outline the Payday Loan Industry below and argue that the sector hasn’t after all been suffering from the meltdown that is sub-prime now trades at really compelling valuations. In addition, we propose a certain suggestion, EZCorp (EZPW) which, inside our opinion, is exchanging at an extraordinarily cheap valuation and contains 40-70% upside within nine months along with exceptional longer-term prospects. Continue reading →