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...

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