Investidea: FirstCash, because pawn shops
Today we have a speculative idea: take shares of the FirstCash pawnshop network (NASDAQ: FCFS), in order to capitalize on the speculative growth of these shares from investors' expectations of a recession. Growth potential and validity: 15,5% behind 14 months excluding dividends; 41% behind 3 years excluding dividends; 9% per annum, taking into account dividends for 20 years.