MT-Macro

ECPG a good play on the financials sector. Great risk/reward.

Long
MT-Macro Updated   
NASDAQ:ECPG   Encore Capital Group Inc
With growth and inflation rising, leading to a steeper yield curve, financials should continue to perform. One name that sold off meaningfully last week was ECPG. The debt collector should continue to do well in the immediate term given the macro tailwinds to the sector. I'd be a small buyer here, playing for a return to the recent range.
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