Red Violet, Inc. (RDVT): A Bull Case Theory

We came across a bullish thesis on Red Violet, Inc. (RDVT) on @WelfareCapLLC on X (Twitter). In this article, we will summarize the bulls’ thesis on RDVT. Red Violet, Inc. (RDVT)'s share was trading at $49.28 as of 23^rd May. RDVT’s trailing P/E was 80.79 according to Yahoo Finance.

[caption id="attachment_1212208" align="aligncenter" width="768"] An executive shaking hands with a customer as they seal a major Identity Verification Services deal.[/caption]

Red Violet (RDVT) is a high-conviction long idea in the data processing and identity verification space, with shares up 70%...