Thursday, March 04, 2010 5:21:14 PM
1. Priced cheaply compared to PE ratio. PE is sitting around 5.76 after this recent bull market run. Perhaps run down by Morgan Stanly lawsuits? I don't know, but it's a solid company and way undervalued.
2. Low debt. Company has less than 3B in debt compared to 13B in cash on hand.
3. Solid products. Company produces great service and a great product. I have a Discover card myself and I'm impressed with the service they provide. They are very innovative with their products.
4. Room for growth. Discover has a much smaller market than Visa or MC, so room for growth is certainly there.
5. The market under price this stock even further if it starts to pull back or crash, leaving a great time to invest in a great company.
MegaTrader
Recent DFS News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2024 08:33:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2024 08:36:01 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 08:26:38 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 01:05:08 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 01:02:21 AM
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- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 07/18/2024 01:54:57 AM
- Discover Financial Services Reports Second Quarter 2024 Net Income of $1.5 Billion or $6.06 Per Diluted Share • Business Wire • 07/17/2024 08:24:00 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 07/17/2024 08:19:27 PM
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