Portfolio Recovery Associates, Inc. (NASDAQ: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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Fool UK
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I like their business in this economy. Ironically, we know any company that doesnt mind its receivables can crash and burn. I have some concern about their LTD and the number of insider holders selling . The stock price is volatile enough that I'm just now waiting for the current low point to buy in the real world.