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Is Open Lending Corp (LPRO) a Smart Long-term Buy?
Wasatch Micro Cap Fund recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 12.2% for the quarter, outperforming its benchmark, the Russell Microcap Index which returned 3.69% in the same quarter. You should check out Wasatch’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q3 2020 Investor Letter, Wasatch highlighted a few stocks and Open Lending Corp (NASDAQ:LPRO) is one of them. Open Lending Corp (NASDAQ:LPRO) provides automated lending services to financial institutions. Year-to-date, Open Lending Corp (NASDAQ:LPRO) stock gained 215.5% and on December 23rd it had a closing price of $33.25. Here is what Wasatch said:

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