1 Stock That Could Prove the Short-Sellers Wrong
On Live Oak Bancshares' (NASDAQ: LOB) most recent earnings call, J.P. Morgan analyst Steven Alexopoulos noted that the bank has double the short interest of the typical bank he covers, meaning investors expect the stock to decline much more than its peers.
Live Oak stock is currently down nearly 57% this year, and while the bank does have a much higher valuation than the typical bank of its size, I still think this company has a great long-term vision that is going to pay off. Here's why.
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Source Fool.com