LBC - Luther Burbank: Catalysts From Q3 2019 Represent A Compelling Reason To Invest
Investment Thesis
The last time I covered Luther Burbank (LBC), I concluded that the stock price looked more attractive after falling from highs of more than $13/share in 2018. Although the stock price looked more attractive, I also noted that there weren't any significant catalysts on the horizon that made me believe an investment at the time would have been worthwhile.
A lot has changed since I published my article Luther Burbank: Is It Time To Buy Before Q4 2018 Earnings? on January 30, 2019, now that the Federal Reserve has made it