Overvalued and suffers from an overly optimistic investment community outlook. Economic woes will drive share price down. Ultimately will be a strong long term player, but, short term outlook is not good.
Consistently beats earnings estimates.
Increased dividends already from $0.10 to $0.125.
Increasing transactions across the board.
$89 Price target is wrong. I get $99.
The credit card company increased top-line sales by 10% in the fourth quarter, and expanded per-share profit by 28% to 74 cents, excluding certain items, and beating analysts estimates. The board also approved a $1 billion share buyback.
I am going to do a Cross Sectional Analysis on five of the largest credit card companies, analyze the risk involved with the industry and determine on a relative basis which stock is undervalued. The companies I am evaluating are Discover Financial, American Express, Visa, Capital One and MasterCard…
Read the report at
http://stocklook.blogspot.com/
Or after Wednesday, October 28
http://stocklook.blogspot.com/2009/10/credit-card-stocks-dfs-axp-v-cof-and-ma.html
Overvalued and suffers from an overly optimistic investment community outlook. Economic woes will drive share price down. Ultimately will be a strong long term player, but, short term outlook is not good.
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Increased dividends already from $0.10 to $0.125.
Increasing transactions across the board.
$89 Price target is wrong. I get $99.
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Read the report at
http://stocklook.blogspot.com/
Or after Wednesday, October 28
http://stocklook.blogspot.com/2009/10/credit-card-stocks-dfs-axp-v-cof-and-ma.html
Comments: 0 | Comment
Comments: 0 | Comment
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