EZCORP, Inc. (NASDAQ:EZPW)
CAPS Rating:
The Company is primarily a lender or provider of credit services to individuals who do not have cash resources or access to credit to meet their short-term cash needs.
The Company is primarily a lender or provider of credit services to individuals who do not have cash resources or access to credit to meet their short-term cash needs.
Recs
This one is really cheap (forward P/E around 6.8 to 7, not seen since 2009) and has good financial and growing earnings, in the late teens (%). I think the incident about less people using gold as collateral in these pawn shops has been way too overblown. It's profit margin may be lower but this one still looks good for a long term buy, especially when it has little debt a great advantage in recessions, when people need cash