This smaller credit card company ranks higher based on yield, dividend growth and buybacks
I prefer to hold Visa or MC, neither of which carry the credit risk of the cardholders. This helps balance the credit risk side in my bank holdings.
$DFS is up 5.4% Today nearing its all time high!
Because of its smaller market cap Discover is actually an acquisition target, with a $35B offer earlier this year from Capital One. However, there is doubt whether the regulators will give their approval.
https://www.wsj.com/finance/capital-one-is-buying-discover-financial-sources-say-a7c43dd2
I prefer to hold Visa or MC, neither of which carry the credit risk of the cardholders. This helps balance the credit risk side in my bank holdings.
$DFS is up 5.4% Today nearing its all time high!
Because of its smaller market cap Discover is actually an acquisition target, with a $35B offer earlier this year from Capital One. However, there is doubt whether the regulators will give their approval.
https://www.wsj.com/finance/capital-one-is-buying-discover-financial-sources-say-a7c43dd2