15 Stocks That Outperform the S&P 500 Every Year For the Last 3 Years

8. Enova International, Inc. (NYSE:ENVA)

3-Year Return as of the Close of March 12: 168%

Enova International, Inc. (NYSE:ENVA), headquartered in Illinois and founded in 2003, is a global technology and analytics company offering financial services, particularly across the United States and Brazil. By serving the segment underserved by traditional banks, the company aims to become a leader in the digital financial technology market. The core offerings of Enova include installment loans, credit accounts, CSO programs, bank programs, and money transfer services. CashNetUSA, Headway Capital, and Simplic are some of the names the brand uses to market its financing products, each with its offerings.

During Biden’s administration, the company faced 8 times more significant regulations compared to Trump’s prior regime, and now with Trump returning to office, we believe the heat will cool down for businesses, such as Enova International, Inc. (NYSE:ENVA).

In the previous financial deregulation era, key policies like easing CFPB restrictions on small-dollar lending, cutting corporate tax by 14%, and encouraging a business-friendly environment, bolstered expansion while reducing compliance costs for Enova International, Inc. (NYSE:ENVA). The overall result of which was growth.

We can expect the same pattern for the company in Trump’s second term. Enova International, Inc. (NYSE:ENVA) is all set to capitalize on regulatory tailwinds. While reduced compliance costs will improve margins, potential corporate tax reductions from 21% to 15% would further strengthen the earnings.

The management expects total revenue for the first quarter of FY25 to remain slightly higher sequentially, showcasing a 20% YoY growth, and adjusted EPS to surge by 25%. Enova International, Inc. (NYSE:ENVA) remains optimistic about its position to achieve robust growth and risk management strategies amidst macroeconomic shifts. That being said, Enova investors hope the history repeats itself.