5 Best Stocks to Buy According to CAS Investment Partners

3. World Acceptance Corporation (NASDAQ:WRLD)

Net Gains: 140%

World Acceptance Corporation (NASDAQ:WRLD) is a consumer finance business company that offers short-term small installment loans and medium-term larger installment loans. The company also offers individuals-related credit insurance and ancillary products and services.

CAS Investment Partners first invested in World Acceptance Corporation (NASDAQ:WRLD) in the fourth quarter of 2017 and has continued to increase stakes. The company now accounts for 15% of the hedge fund portfolio. The stock has been one of the best-performing in the portfolio, with gains of more than 140% since the first investment.

Mr. Sosin’s hedge fund owned 744,491 World Acceptance Corporation (NASDAQ:WRLD) shares during this year’s second quarter that let it own a $99.77 million stake in the company. Insider Monkey’s Q2 2023 survey of 910 hedge funds outlined that 10 had held a stake in the company.

World Acceptance Corporation (NASDAQ:WRLD)’s largest investor in our database of 910 hedge funds is Clifford A. Sosin’s CAS Investment Partners. World Acceptance Corporation (NASDAQ:WRLD) has a ‘Moderate Sell’ rating from 0 buys, 1 hold, and 1 sell. The average target is $95.00, with a high of $131.00 and a low of $59.00. The target is -24.50% lower than the current price of $125.83.

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