Hi Jacob,
As Dan mentioned, REAL has been on our radar for about a year. It is a solid company and is expected to grow at a decent clip. It ranks well on our screener and in my opinion is a good long-term hold – consider it a buy-on-a-dip candidate.
On the flip side, it hasn’t had the best track record of execution. The company had a poor record up until last year when it posted huge returns. It appears that it may be turning the corner as it has topped expectations in each of the past six quarters.
We like companies with strong history of execution, and REAL is now starting to execute. It is up 24% since its IPO in 2017, with all its gains coming since the beginning of 2019 once it started to meet and beat expectations.