Small cap financial getting pummeled, great time to add!
If you don't already own this one it's time to add or dust it off...
Shares of this stock have sold off massively the past few trading days and are now down 61% YTD!
This is a great opportunity to make this one a full position if not already in your portfolio. If you own shares, I’d consider taking it above a normal weighting and look to pare it down to your desired weighting if/when shares move higher.
Alternatively (or additionally!) there are some really cheap options over the next year that could make a great supplement.
As for time horizon… if you’re in it for the long-game, this is a Core holding that you can hang onto for years; or, at current prices, a quick trade could net a decent return in 2023.