$INTR

$INTR post-earnings sell off was ridiculous.. The stock is moving higher today, and it can easily make 3x from here by 2028. Here is how: The management held an Investor Day yesterday, and they provided a solid roadmap to reach 25%+ ROE by 2028. They’ll be pulling 4 levers: - Better Credit Underwriting (4-6 pp) - Higher Capital Efficiency (+2-3 pp) - Treasury Optimization (+1-2 pp) - Improving Other Businesses (+2-4 pp) After these developments, their ROE will settle somewhere in the 25-30% range. They introduced the Rule of 50, which means ROE+growth rate should be at least 50%. So, by 2028, we’ll be looking at a business growing over 20% a year with very strong ROE above 20%. In this case, the earnings multiple should expand to 12-15x. Even if we assume it’ll just hit the analy