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$27.78 1.60 (6.11%)
11/21/2008 4:00 PM

Portfolio Recovery Associates, Inc. (PRAA)

CAPS Rating:
*****

A full-service provider of outsourced receivables management and related services. The Company's primary business is the purchase, collection and management of portfolios of defaulted consumer receivables.

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1

Avatar PaddingFool (67.04) Submitted: 10/06/08 5:42 AM : Outperform Start Price: $39.00 PRAA Score: 18.23

It's sad but true. People are in debt with their houses, their cars, their credit cards. And with the economy in such bad shape and the specter of job losses coming over the horizon. PRAA is in a position now to buy up loads and loads of debt and super low prices. Virtually any cash recovery at all will bring them good profits. It's sad that they will do so well from this situation! But hey! That's capitalism.
Get in quick before everyone else realises this stock is so good and pushes the price to more realistic levels.

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