13 Cheap Stocks with Huge Upside Potential

Page 2 of 12

11. EZCORP, Inc. (NASDAQ:EZPW)

Analyst Upside: 51.95%

Forward P/E: 10.32

Number of Hedge Fund Holders: 27

EZCORP, Inc. (NASDAQ:EZPW) is one of the best cheap stocks with huge upside potential. On July 10, Canaccord raised the firm’s price target on EZCORP, Inc. (NASDAQ:EZPW) to $25 from $24, keeping a Buy rating on the shares.

Through its store checks, the firm found that business is steady in the summer. The company’s core customers are still experiencing pressure, while the new, higher-income customers seek value when coming into the stores.

The firm also believes that the recent range-bound performance in EZCORP, Inc.’s (NASDAQ:EZPW) share price is because of the retirement of its 2025 convertible notes being more dilutive than market expectations.

EZCORP, Inc. (NASDAQ:EZPW) provides pawn services. The company’s operations are divided into the following segments: US Pawn, Latin America Pawn, and Other Investments. The US Pawn segment covers EZPAWN, Value Pawn, Jewelry, and other branded pawn operations.

Page 2 of 12