Is Enova International (ENVA) The Best Small-Cap Stock to Benefit From Fed’s Rate-Cut Cycle?

Core Viewpoint - Enova International Inc (NYSE:ENVA) is highlighted as one of the best small-cap stocks with significant potential, particularly favored by Reddit investors, as the market shifts focus beyond AI-related trades [1]. Company Overview - Enova International Inc is a financial services company that specializes in providing installment loans and lines of credit accounts [2]. - The stock has experienced a 31% increase in value year-to-date [2]. Financial Performance - In the third quarter, Enova reported a revenue growth of 16% [2]. - Small business lending saw a substantial increase of 29% on an annual basis [2]. Market Positioning - The company is well-positioned to benefit from the ongoing rate cut cycle initiated by the Federal Reserve [2]. - There is a growing preference among small businesses for non-banking lenders, which may further enhance Enova's market position [2].