Reported 3 days ago
Analyst Stephanie Link, during a CNBC program, highlighted that Capital One Financial Corporation (COF) is trading at a low valuation of 14 times forward estimates after its significant acquisition of Discover Financial. She believes this acquisition will enhance their scalable payments network and generate substantial synergies, predicting a possible earnings boost to $26 per share. With a current dividend yield of about 1%, Link advocates for the stock as an attractive investment opportunity.
Source: YAHOO