October 18, 2021

Walker and Dunlap

 The Fool looks at an established small cap stock that has ambitious growth plans.  They own shares.  From the article:

They, at the end of 2020, announced their 2025 goals. These sound pretty ambitious at first. They want to grow to $60 billion in origination volume, they're at $35 right now. They want $160 billion in their servicing portfolio, they're at about $112 right now. They want to grow their property sales volume to $25 billion, that's four times the current level. Pretty ambitious growth objectives.

In that investment banking capability, they ended 2020 with $2 billion of assets under management for clients. They wanted to get to $10 billion by 2025. They've hit $16 billion already through an acquisition they just made. They've already hit that part of their 2025 goals. This is still a pretty small company, just under a $3.6 billion market cap, I think this could be a future large-cap company.

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