The Panic-Proof Portfolio (Stockchase Research)
BancFirst Corp.
BANF-Q
PAST TOP PICK
Jun 15, 2021
(A Top Pick Sep 15/20, Up 47.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BANF has triggered its stop at $65. We recommend covering the balance of the holdings at this time. Combined with the previous recommendation to cover 50%, this secures a total investment return of 48%
Stockchase Research Editor: Michael O'Reilly BANF operates 107 commercial banking locations in Oklahoma. Its latest earnings report topped analyst expectations by over 30% and it achieves margins over 23%. EPS has grown on average 8.9% annually over the past five years. The dividend was just raised and pays a decent yield that is backed by a 37% payout ratio. We would trade this with a stop-loss at $39.00. Yield 3.03% (Analysts’ price target is $66.00)
(A Top Pick Sep 15/20, Up 33.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BANF is progressing nicely. We recommend trailing up the stop to $50 (from $39 presently), which should all but guarantee a minimum return of over 13%.
(A Top Pick Sep 15/20, Up 43.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BANF is progressing nicely. We recommend trailing up the stop (from $50) to $58. This should all but guarantee a minimum return exceeding 31%.
(A Top Pick Sep 15/20, Up 50.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BANF has achieved its $66 target. To be disciplined, we recommend covering 50% of the position and trailing up the stop to $60. This will all but guarantee a minimum investment return of 43%.
(A Top Pick Sep 15/20, Up 61.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BANF continues to do well. We are now recommending to trail up the stop (from $60) to $65. If triggered, this would all but guarantee an investment return of 48% when considering the recommendation to cover 50% previously.
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