Jim Cramer on Upbound Group: “I Do Not Like It”
Insider Monkey – Free Hedge Fund and Insider Trading Data (Syeda Seirut Javed)Upbound Group, Inc. (NASDAQ:UPBD) is one of the stocks Jim Cramer put under the spotlight. When a caller asked about the stock, Cramer stated:
“That model, that’s the least known model, has not been a proven model. I do not like it, I am sorry.”
Photo by Artem Podrez on Pexels
Upbound Group, Inc. (NASDAQ:UPBD) provides lease-to-own and installment purchase options for household goods. The company’s products include furniture, appliances, electronics, computers, smartphones, and other consumer items. The company announced a quarterly dividend of $0.39 per share on September 18, payable by October 21 to the shareholders of record on September 30. Lastly, Upbound Group, Inc. (NASDAQ:UPBD) has a 7.1% yield at the time of writing.
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Disclosure: None. This article is originally published at Insider Monkey.
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