First Cash Financial Services, Inc. (NASDAQ:FCFS)
The Company is a provider of consumer financial services and related specialty retail products.
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Great niche financial business. As storm-clouds of American consumer over-indebtedness roll in, especially if economy slows, this one will have room to run.
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As the economy heads south, and people lose their homes to foreclosure and their jobs. They will do whatever it takes to try to retain their possessions as long as possible. Payday loans and Pawnshops; oh yeah, a buy here pay here car dealership too.
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First rate company. Confident the stock will perform as well as the company.
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OK pawn shops. This management team knows what it is doing.
Recs
First Cash Financial is a pawn shop and payday lender. It has locations around the US but it's current growth is in Mexico. This company has had 25+ consecutive quarters of double digit growth and is adding new stores rapidly.
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