Current Market Momentum 30 Day Momentum We don't usually think about bank stocks when we think about momentum stocks, but Metropolitan Bank Holding Company (MBC) exhibits that smooth up, and to the right price momentum we like to see. Metropolitan has six locations in and around New York City as well as a location in Great Neck on Long Island. The bank is growing its revenues and profits at a high rate compared to the first half of 2020 when the pandemic hurt both the top and bottom lines.
90 Day momentum Green Sky (GSKY) is a fintech company that provides a payment platform to its customers. Their program allows customers to apply for a loan to buy products or pay for healthcare at the time of purchase and can allow for a wide range of different payment options. Banks also use Green Sky's system to offer loans to super-prime and prime consumers.
Cheap Assets Dorian LPG (LPG) is a tanker company with 23 Very Large Gas Carriers that transports liquified natural gas all over the world. Demand for natural gas will be with us for decades still to come, and the easy way to export it is in liquid form. In addition, LPG demand is strengthening as the global economy is recovering. That's going to drive solid earnings growth for Dorian. Right now, analysts are looking for growth this year of 56% and think that Dorian will settle into a long-term pattern of growing by about 15% a year.
Cheap Earnings Sierra Bancorp (BSRR) is based in Porterville, California, in the San Joaquin Valley. The bank has 41 0ffices, including an online branch, and provides specialized lending services through an agricultural credit center, an SBA center, and a dedicated loan production office in Roseville, California. As of the end of the second quarter, Sierra Bancorp has assets of $3.2 billion.
Income FS KKR Capital Corp is a business development company that trades at a considerable discount to NAV and offers a double-digit yield right now.
The BDC is co-managed by two of the best firms in their respective industries. FS Capital is a leading investment firm that specialized in alternative investments such as REITs, closed-end funds, and of course, Business Development Companies.
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Wednesday, August 11, 2021
The Big Lie: Index Funds
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