TSX:GSY - Post Discussion
Post by
retiredcf on Jul 12, 2022 6:50am
Top Pick Details
First stock in the clip; he also owns it personally. GLTA
https://www.bnnbloomberg.ca/video/jordan-zinberg-s-top-picks~2482221
Goeasy (GSY TSX) Goeasy is a Canadian specialty lender that continues to demonstrate substantial growth in its loan book through expansion in its product offering. The company recently announced a minority investment in Canada Drives which should directly benefit their fast-growing auto lending business as well as a substantial increase in their credit facilities, which will fully fund their growth plan through 2025. Goeasy consistently produces annual returns on equity in excess of 20 per cent and currently trades at a mere 6x 2023 earnings. TOP PICK
goeasy(GSY-T)
10/07/2022 at 08:00pm
A specialty, alternative lender with a solid first quarter. It recently made a 40 million investment in Canada Drives which will really help their auto lending business. Also they have received a huge increase in their credit line - from 900 million to 1.5 billion. It is now fully funded trough 2025. Growing at 20% or more and is at 6X next year's earnings. Buy 8, Hold 1, Sell 1 (Analysts’ price target is $203.00)
MERCHANDISING / LODGING
Jordan Zinberg
$101.850
Owned
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