While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

Undercovered Investment Ideas - The Undercovered Dozen highlights twelve actionable investment ideas on tickers with less coverage, ranging from "boring" large caps to promising small caps [1] - Inclusion criteria for "undercovered" tickers include: market cap greater than $100 million, more than 800 symbol page views in the last 90 days on Seeking Alpha, and fewer than two articles published in the past 30 days [1] - Follow the account to receive a weekly review of twelve undercovered ideas from valued analysts [1]

Analyst Background - The analyst is an experienced financial analyst with a strong background in financial modeling and data analysis [3] - The analyst has a track record of successful financial analyses across diverse industries and is adept at interpreting financial statements, conducting ratio analyses, and forecasting future performance [3] - The analyst leverages advanced Excel skills and industry-leading tools to generate comprehensive reports and presentations that offer clear, actionable recommendations [3] Disclosure - The analyst has no stock, option, or similar derivative position in any of the companies mentioned and no plans to initiate any such positions within the next 72 hours [2] - The analyst has no business relationship with any company whose stock is mentioned in the article [2] - The article expresses the analyst's own opinions and the analyst is not receiving compensation for it other than from Seeking Alpha [2]

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. OppFi Inc. (OPFI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.OppFi Inc. is one of 305 individual stocks in the Business ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Our " ...

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. OppFi Inc. (OPFI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.OppFi Inc. is one of 303 individual stocks in the Business Services sector. Col ...

Have you been paying attention to shares of OppFi Inc. (OPFI) ? Shares have been on the move with the stock up 52.4% over the past month. The stock hit a new 52-week high of $8.17 in the previous session. OppFi Inc. has gained 56.3% since the start of the year compared to the 25.9% move for the Zacks Business Services sector and the 24.7% return for the Zacks Financial Transaction Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't mi ...

Have you been paying attention to shares of OppFi Inc. (OPFI) ? Shares have been on the move with the stock up 38.3% over the past month. The stock hit a new 52-week high of $6.87 in the previous session. OppFi Inc. has gained 27% since the start of the year compared to the 27.5% move for the Zacks Business Services sector and the 21.7% return for the Zacks Financial Transaction Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn' ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...

Financial Data and Key Metrics - Total revenue increased to $136.6 million, a company record for any quarter [7] - GAAP net income grew 106.4% to $32.1 million, another company record [7] - Adjusted net income increased 116.2% year-over-year to $28.8 million [7] - Annualized average yield increased by 5.4 percentage points to 133.9% [8] - Annualized net charge-off rate improved by 8.1 percentage points to 34.3% [8] - Total expenses as a percentage of total revenue decreased by 400 basis points to 41.1% [8] - Net income margin increased by 1,180 basis points to 23.5%, while adjusted net income margin expanded by 1,110 basis points to 21.1% [8] Business Line Data and Key Metrics - Total net originations increased 11.8% to $218.8 million, while total retained net originations increased 4.0% to $198.4 million [12] - 53.2% of originations were to existing customers and 46.8% were to new customers [13] - New customer originations increased by 18.8% year-over-year, while existing customer originations increased by 6.3% [13] - Annualized net charge-off rate as a percentage of average receivables decreased by 860 basis points to 45.9% [14] Market Data and Key Metrics - The company has a funding capacity of $599.2 million, including $199.4 million of unused debt capacity under financing facilities [16] Company Strategy and Industry Competition - The company has successfully executed on operational initiatives designed to ensure continued future profitability growth [9] - Plans to integrate AI-based enhancements in the operating model going into 2025 [9] - The company aims to build a leading credit access and financial services platform with a suite of digital financial service products [10] - The company made an equity investment in Bitty to enter the small business financing market [10] Management Commentary on Operating Environment and Future Outlook - The company raised full-year earnings guidance for the third time this year due to strong performance [6] - The company expects positive momentum to continue into 2025 with first-quarter adjusted net income growth in excess of 15% year-over-year [18] - The company plans to introduce full-year 2025 guidance when reporting 2024 full-year results in March [18] Other Important Information - The company has cash, cash equivalents, and restricted cash of $74.2 million, total debt of $325.6 million, and total stockholders' equity of $220.3 million as of the end of the third quarter [16] - The company increased its adjusted net income guidance for the full year 2024 to $74 million to $76 million, representing a 17% increase from the prior range [17] Q&A Session Question: Improvement in Yields - The improvement in yields is due to a combination of better credit performance, higher repayment rates, and the retirement of lower risk-based pricing initiatives [20] Question: Priorities for 2025 - The company is focused on growth, operational efficiencies, and integrating AI tools into operations [21] Question: Capital Allocation - The company is considering special dividends and strategic M&A initiatives for capital allocation [23] Question: Strategic M&A Initiatives - The company is looking for highly accretive opportunities that align with its vision of being a platform for digital alternative financial service products [26] Question: Confidence in Raising Guidance - The company is confident in raising guidance due to strong credit performance, especially in the existing book, and disciplined cost management [27] Question: Macro Catalysts - The company is monitoring potential Fed rate cuts and their impact on interest costs [28]