OnDeck Capital: Highly Misunderstood
OnDeck Capital remains a fast growing fintech with revenue growth projected at 30% for the next few years.
The stock trades at the lows due to a misunderstanding over the shifting impact of selling loans to institutional investors.
The recommendation is to scoop up shares bouncing off all-time lows.
The general consensus following the Q4 earnings report was that OnDeck Capital (NYSE:ONDK) provided weak guidance for Q1. The market though appears highly confused regarding the shifting revenues from the marketplace.
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