Panic-Proof Portfolio TOP PICK
goeasy(GSY-T)
09/05/2023
Stockchase Research Editor: Michael O'Reilly
GSY lends to higher risk borrowers who can't get conventional bank loans. They have managed charge-offs low by managing risk well. It trades at 11x earnings and under 2x book value, while generating a ROE of 16%. It pays a reasonable dividend, backed by a payout ratio under 50% of cash flow. We recommend placing a stop-loss at $80, looking to achieve $157 -- upside potential over 60%. Yield 3.8%
(Analysts’ price target is $157.30)
Financial Services
$95.420
Unknown