Barchart.coms Chart of the Day - Discover Financial Services
(DFS)
The "Chart of the Day" is Discover Financial Services (DFS), which showed up
on Tuesday's Barchart "All-Time High" list. Discover on Tuesday posted a new
all-time high of $34.75 and closed up 1.45%. TrendSpotter has been long since
April 25 at $33.54. In recent news on the stock, Goldman Sachs on March 23
upgraded Discover to a Conviction Buy from Neutral and raised its price target
to $39 from $36. Goldman cited improving financial metrics and below-normal
credit losses. Discover Financial, with a market cap of $18 billion, operates
the Discover Card with more than fifty million cardmembers, the Discover Network
with millions of merchant and cash access locations, and the Goldfish credit
card business in the United Kingdom.
How we found the Chart of the Day: We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum. The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
Barchart links for further information: Quotes and Charts Quote Detailed Quote Chart Technical Analysis Technicals Summary Trader's Cheat Sheet™ Barchart Opinions Barchart Opinion Barchart Snapshot Trading Strategies Company Info Company Profile Key Statistics Ratios Income Statement-Quarterly Income Statement-Annual Balance Sheet-Current Balance Sheet-Annual Chart of the Day Archive View Past Chart of the Day Reports |
Educational and Instructional Stock Market Investing Newsletter for the hands-on investor. I use my 40+ years of experience in Accounting, Law and Financial Services To show you how to find stocks that will not only beat the market but consistently beat Warren Buffett, his Berkshire Hathaway fund and most of the Morningstar 5 Star mutual funds.
Wednesday, May 2, 2012
Discover Financial Services - DFS - Barchart Chart of the Day
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