Debt-collector Encore Capital Group (ECPG +0.6%) is set to gain as banks become more selective...


Debt-collector Encore Capital Group (ECPG +0.6%) is set to gain as banks become more selective about where they sell debt given the regulatory crackdown on abusive practices, writes Jack Hough in Barron's. It may even make an attractive target for a bank looking to bring collections in-house, suggests Janney's Sameer Gokahle. The stock trades at 9x earnings vs. larger rival Portfolio Recovery Associates (PRAA +0.6%) at 15x. SA Pro's Junius also laid out the bull case on Encore 3 weeks ago, and SA Pro's Whopper Investments around the same time suggested a smaller player in the industry, Asta Funding (ASFI).

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