Investment Report Recommends Collection Stocks
Rising energy prices and interest rates mean the time is ripe to buy the stocks of "RepoMen" — the companies that collect bad consumer debt or repossess flashy cars and big-screen TVs, according to a bearish economic expert, Barron's said in its Oct. 31 edition.
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Stephanie Pomboy, whose MacroMavens provides macroeconomic research and commentary to institutional investors, recommends buying the stocks of consumer debt-collection companies such as Encore Capital Group Inc., Portfolio Recovery Associates and Asta Funding Inc., Barron's said.
For this complete story, please visit Bear bets on RepoMen stocks - Barron's.
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