With its diversified loan products and huge consumer behavior data, Enova International Inc. (ENVA) will benefit from the fast-growth AI/Data Analytics trend. However, it currently has a high valuation, along with a recent 14% gain in a single day, and I'd rather wait for a lower price to buy in.
Enova is a 2014 spin-off from Cash America International, focusing on lending to unsecured non-prime borrowers. While its parent provides loan via the store network, Enova provides loan via the internet. Because it has no stores and makes loans mainly online using its