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Discover Financial: A Creditable Investment - Barron's

 Sep 07, 2008 11:41 AM UTC
Return Risk
-58.65% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
V n/a
C n/a
AXP n/a
COF n/a
BAC n/a
DFS n/a
JPM n/a
MA n/a

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Discover Financial (DFS) has long lagged behind American Express (AXP), MasterCard (MA) and Visa (V) in the credit card market. Its focus on slow and selective growth has netted it just 7% in Q1 of the $666B in combined outstandings of Bank of America (BAC), JPMorgan Chase (JPM) and Citigroup (C) with market shares of over 20% each, and Capital One (COF) and American Express (AXP) with shares of 10% each. Still, Barron's says Discover's slow, methodical growth has its advantages, and thinks the stock is poised to rise.




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