ELVT - Elevate Credit: Low Risk High Reward Undervalued Stock
- Elevate is a deep value opportunity with incredible upside and a unique business model, positioned as a cheaper alternative to traditional short-term lending.
- I estimate a price target of $16 per share over a 5-year period. This would give the stock an upside of over 360% today.
- 360% upside sounds too good to be true - but after scrutinizing the downside and carefully reassessing the upside - I'm confident in the risk/reward.
- I estimate that Elevate will earn $30-70M in annual Owner's Earnings over the next 5 years - that's an incredible risk/reward with the current market cap of $130M.
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Elevate Credit: Low Risk, High Reward Undervalued Stock