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Home Capital Group (HCG-T) opinion on 2017-09-13

Last Price Recorded: 16.1500 on 2017-11-23

ON STOCKCHASE SINCE Apr 2001

investment companies/funds
PAST TOP PICK

Michael Sprung
Home Capital Group was $14.030 at time of opinion
Owned : Yes

(A Top Pick Nov 4/16. Down 43%.) The whole market was somewhat askance at how the situation on this was handled. It literally caused a run on the bank. Also, for a while, it was tenuous as to whether this would survive. It fell so fast, that he decided not to dump his shares. His feeling was that the fundamentals of this business were still intact. They’ve managed to execute a recovery which was very astute. This was followed by Warren Buffett stepping in, and funding costs started going down. Recently announced they were going to stop paying some of the excessive rates they were paying on GICs, etc. He is still buying shares.

CAUTIOUS

All opinions for HCG-T (334)

45 BUY
7 BUY on WEAKNESS
70 COMMENT
49 DON'T BUY
26 HOLD
1 PARTIAL BUY
50 PAST TOP PICK
10 SELL
1 SPECULATIVE BUY
4 STRONG BUY
57 TOP PICK
1 VAGUE
1 WAIT
5 WATCH
7 WEAK BUY
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All opinions for HCG-T (334)

45 BUY
7 BUY on WEAKNESS
70 COMMENT
49 DON'T BUY
26 HOLD
1 PARTIAL BUY
50 PAST TOP PICK
10 SELL
1 SPECULATIVE BUY
4 STRONG BUY
57 TOP PICK
1 VAGUE
1 WAIT
5 WATCH
7 WEAK BUY
View All

More experts covering HCG-T

SAVE
Add HCG-T to Watch List

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