Larry Meyers
Value, special situations, long-term horizon, small-cap

MicroFinancials' Niche Success May Foretell A Lynchian 10-Bagger

I've been lucky. I've found my share of ten-baggers in my eighteen years of investing. My mistake has been not sticking with great stories like Jos. A Bank Clothiers (NASDAQ:JOSB) or Apple (NASDAQ:AAPL), selling much too early in their stratospheric rises. This time, however, I'm in for the long haul because MicroFinancial Inc. (NASDAQ:MFI) fits so many Peter Lynch criteria and is doing so well in its niche industry, that I am confident this stock has fantastic days ahead of it.

What The Company Is About

MicroFinancial is in the equipment leasing business. So as Peter Lynch would say, "boring is good". They don't just lease any equipment, though. They focus on sectors where...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details