One stock that fits the bill for value investing seeking downtrodden stocks with excellent long-term potential is Burford Capital (NYSE:BUR), according to at least three hedge-fund managers. This stock is a complex one that some investors might not understand, but it's quite an interesting idea with significant potential.
Background on Burford Capital
Burford finances plaintiffs wanting to pursue litigation. Either plaintiffs don't have the money to do it, or they don't want to fund it out of pocket, being forced to place it on their balance sheet. The firm often finances litigation for small companies that have either gone bankrupt or are close to filing for bankruptcy.
With some research and analysis, we can begin to see why two managers featured Burford stock...
