Stock price when the opinion was issued
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They can adapt their pricing fairly easily with higher rates. Business could also improve if customers get tighter on money with rates rising. The company has been growing and recent large dividend increases makes it attractive. Unlock Premium - Try 5i Free
50% of its business is non-prime, unsecured lending. Great job helping people to restore their credit. Can reprice loans pretty quickly, in a matter of 2-3 quarters -- and that explains why they haven't had big losses over the years. This ability also reduces their exposure in an economic downturn. Banks are now turning away borrowers, and GSY can pick them up.
Tremendous compounder. Has faith they'll get through this. The misconceptions on credit are creating a volatile stock price.