– Real estate appraisal services company.
– Threat from competitors $BKI and $CLGX expansion in this segment – with REAL already losing market share.
– Reduced need for in-person appraisal due to automation and changing regulatory requirements.
– Transaction-driven, non-recuring revenues.
– Lofty valuation benefitted from a small initial base and momentum for growth stocks.
Valuation: Not specified.
Exp. gain: 40% to C$3/share.
Full $REAL.TO write-up (free guest account required):