Believes this is a business that does something that is differentiated. They provide value to the client that has the card and provide value to the retailer. Looking at the economics that is providing their service, it is attractive. They earn higher gross yields, which means they can sustain a higher write-off, which is going to be the nature of the beast when they do store cards, which is the nature of their business. The ROE’s they can generate are attractive and believes that the capital return will accelerate over time. He likes this business.
Synchrony Financial is a American stock, trading under the symbol SYF-N on the New York Stock Exchange (SYF). It is usually referred to as NYSE:SYF or SYF-N
In the last year, there was no coverage of Synchrony Financial published on Stockchase.
Synchrony Financial was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Synchrony Financial.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Synchrony Financial published on Stockchase.
On 2024-11-21, Synchrony Financial (SYF-N) stock closed at a price of $65.14.
A financial stock, and he likes financials. It has done very well. Closed at $39.76, and he has a model price of $49.45, 25% higher. Pays out $.60. Looks like they are going to earn $3.46 this year.