Jon Quast

This allows for larger purchases, and it's more than four payment installments.

This is a little bit more towards the credit card territory as far as what people are buying.

So, yeah, maybe a proposal like this completely pushes people towards these companies like Klarna and more neobanks.

I'm looking at five below, ticker symbol FIVE.

This stock is hitting 52-week highs, getting back close to all-time highs that it reached a couple of years ago.

Maybe listeners wish that I would have highlighted this sooner.

I have highlighted it before, but I'm highlighting it here again today.

Just as a quick reminder, this is a discount retail chain for teens and pre-teens.

New stores have a really short payback period of about a year, so that's really cool.

When they use that cash, they make it back in profits pretty fast.

They're going from roughly 1,900 locations today to over 3,500 long-term is what they're targeting.

But Tyler, do you know what the problem is with a chain like Five Below?

the name.

Five below means items that are priced at $5 or less.

With inflation, investors have worried that a company like this may be not able to raise its prices as it needs to.

New management came in last year, though, and is proving that indeed this business can.

Old management had a five beyond section of the store and it did okay.

Basically, that was a section of the store where it was more than $5.

New management came in, got rid of that section, and just started selling products at all price points throughout the store.

Customers have not cared at all.