HomeTrust Bancshares, Inc. (NASDAQ:HTBI)

CAPS Rating: No stars


Player Avatar TMFDeej (99.24) Submitted: 12/3/2012 7:15:47 PM : Outperform Start Price: $13.23 HTBI Score: -27.88

The other stock that I came across this morning just got caught in my "Google Alerts" web. I have one set up for "Thrift Conversions." These things really clog up your in-box but they're one of the best sources of ideas that know of. It's a piece from this week's Barron's on a thrift conversion, prototypical special situation that both Peter Lynch and Joel Greenblat talk about extensively in their books. The bank that is talked about, HomeTrust Bancshares (HTBI) doesn't seem to be very well-run at least in terns of its loan portfolio, but that theoretically can be fixed, especially if the economy continues to improve as I believe it will. Plus it's flush with cash after its recent conversion and cheap compared to its peers.Deej

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