Following Donald Trump’s surprise presidential victory, financial stocks have gained solid momentum, reflecting investors’ expectations of easing regulations as well as increased public spending which may lead to higher inflation. Further, with greater chances of a Fed rate hike next month, undoubtedly the finance sector seems be an attractive investment option.
Among the several potential gainers, adding Discover Financial Services DFS to your portfolio should not disappoint. Apart from being one of the largest card issuers in the U.S., the company provides direct banking products and services as well as payment services. With assets over $90.5 billion, this Riverwoods, IL-based company continues to reflect strength in several areas.
In fact shares of Discover Financial climbed 18.1% over the past 3 months.
DISCOVER FIN SV Price
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