Long Position on SLQT @ $27.75 on 2/19/2021 (Fundamentals)

Founded in 1985, SelectQuote (SLQT) provides solutions that help consumers protect their most valuable assets: their families, health and property.

The company pioneered the direct-to-consumer model of providing unbiased comparisons from multiple, highly-rated insurance companies allowing consumers to choose the policy and terms that best meet their unique needs.

Two foundational pillars underpin SelectQuote's success: a force of more than 1,000 highly-trained and skilled agents who provide a consultative needs analysis for every consumer, and proprietary technology that sources, scores, and routes high-quality sales leads.

The company has three core business lines: SelectQuote Senior, SelectQuote Life and SelectQuote Auto and Home. SelectQuote Senior, the largest and fastest-growing business, serves the needs of a demographic that sees 10,000 people turn 65 each day with a range of Medicare Advantage and Medicare Supplement plans from 15 leading, nationally-recognized carriers, as well as prescription drug plan, dental, vision and hearing plans.

Entry point: $27.75

52-week trade range: $15.50 - $52.94

Stop/Loss: $26.40

Target Price: $30.50

Updates

2/25/2021 9:52:03 AM

SLQT closed at $30.85

Position closed on 2/25/2021 at price of $30.85 with a 11.17% gain in 6 days.

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