Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

Upcoming Sallie Mae Spin-Off Holds Promise For Investors

Sallie Mae (NASDAQ:SLM) is best known as the biggest student loan provider in the US, but the firm also houses a large consumer banking unit. Perpetual concerns over student loan defaults, political risks, and regulatory risks have long held SLM's multiple way-down (today around 8.5X). While there is relatively little that ...

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