The Panic-Proof Portfolio (Stockchase Research) Bread Financial Holdings BFH-N PAST TOP PICK Mar 05, 2024

BFH offers tech based lending, payment, and credit card financial services.  It trades at 3x earnings, under book value and supports a ROE of 21%.  Quarterly cash reserves are growing, while debit is retired.  It pays a decent dividend, backed by a payout ratio under 10% of cash flow.  We recommend a stop-loss at $21, looking to achieve $34 -- upside potential of 21%.  Yield 3.0%   

Our PAST TOP PICK with BFH has achieved its target at $34.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $21) to $26. 

Our PAST TOP PICK with BFH is progressing well.  To remain disciplined, we recommend trailing up the stop (from $31) to $34 at this time.

Our PAST TOP PICK with BFH has triggered its stop at $34.  To remain disciplined, we recommend covering the position at this time.