Wall Street, investors, the media, and the public are hyper-focused on the Federal Reserve’s rate hiking policy path… but the exact same trap door markets fell through in 2018 is about to open wide – and nobody’s talking about it.
Except me, that is.
That trap door is the Fed’s quantitative tightening (QT) plan, the inverse of its bull market- friendly quantitative easing (QE) program. Starting this September, as in right now, the Fed’s accelerating their QT operations, meaning the unwinding of their $9 trillion balance....More>>>
PRA Group, Inc. (PRAA Quick QuotePRAA ) has been in investor’s good books on the back of its solid inorganic growth story and strong cash collections for a while now. Its well-positioned portfolio and receivable income are other highlights of the stock.
The stock carries a VGM Score of B. Here V stands for Value, G for Growth and M for Momentum with the score being a weighted combination of all the three factors.
Over the past 60 days, the stock has witnessed its current-year earnings estimate move 19% north.
The company boasts an impressive surprise....More>>>