TransUnion: A Buying Opportunity After The 50% Drop

Apr. 28, 2023 5:32 AM ETTransUnion (TRU) StockTRU1 Comment
Felix Fung
1.62K Followers

Summary

  • TransUnion is now down nearly 50% from its all-time high.
  • The company continues to expand into other verticals in order to reduce its dependence on the credit segment.
  • The latest earnings were solid with both the top and bottom lines growing despite facing tough headwinds.
  • Its valuation has dropped significantly in the past year and is now the lowest among peers.
  • I rate the company as a buy.

TransUnion headquarters in Chicago, Illinois, USA.

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Investment Thesis

TransUnion (NYSE:TRU) has been a great compounder in the past decade, with shares consistently outperforming the broader indexes. However, its share has plummeted nearly 50% from its all-time high in 2021 amid rising interest rates and a tighter credit environment. I

This article was written by

1.62K Followers
Individual investor with four-year experience. I focus on long-term investing opportunities around companies with high-quality fundamentals or compelling turnaround potential. Currently studying business and economics at the University of New South Wales. Appreciate any feedback and comments.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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