Actionable news
0
All posts from Actionable news
Actionable news in DFS: DISCOVER FINANCIAL SERVICES,

Discover Financial Services Is This Week's Potential Bull Stock

0

Discover Financial Services (DFS - Get Report) shares could head higher after the company reports earnings Tuesday.

Bullish investors are hoping Discover bounce back from an underwhelming second quarter. The company, which was recently named consumers' favorite credit card in a J.D. Power study, is poised to benefit from its focus on attracting younger card users, who will continue to increase their buying power and overall transaction volume as they age. As consumers' favorite credit card, it seems likely that consumers will stick with Discover for longer, taking competition from other card issuers.

Last quarter, although Discover Financial Services posted a small year-over-year decline in profit, Discover still showed investors why they should stay with the company, as...


More