loanDepot, Inc. (LDI): A Bull Case Theory 

We came across a bullish thesis on loanDepot, Inc. on wallstreetbets subreddit by PaperHandsTheDip. In this article, we will summarize the bulls’ thesis on LDI. loanDepot, Inc.'s share was trading at $2.7100 as of December 1st. LDI’s forward P/E was 26.95 according to Yahoo Finance.

LoanDepot, Inc. (LDI) is a leading U.S. mortgage originator and refinancer that issued around $30 billion in loans last year, down from approximately $100 billion in 2020. The decline reflects cyclical headwinds from rising interest rates rather than fundamental weakness. As a major player in the...