Several times a year, a Confident Investor must reevaluate the companies in the portfolio. Keeping your money in a stock that no longer qualifies as a “Good” company can end up hurting your investment performance a great deal. Also, there are a lot of Good Companies so losing the worst of the best is not going to impact the ability to have a balanced portfolio. Over the coming days, this site will evaluate each stock on the Watch List.
|Company name||Capital One Financial Corp.|
|Live stock price||[stckqut]COF[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$74.93|
|Target stock price (averages with growth)||$263.74|
|Target stock price (averages with no growth)||$355.14|
|Target stock price (manual assumptions)||$53.49|
The following company description is from Google Finance: http://www.google.com/finance?q=cof
Capital One Financial Corporation (Capital One) is a diversified financial services company, whose banking and non-banking subsidiaries market a variety of financial products and services. Capital One, National Association (CONA), which offers a range of banking products and financial services to consumers, small businesses and commercial clients. The Company operates in three segments: Credit Card, Commercial Banking and Consumer Banking. The Company?s principal subsidiaries include Capital One Bank, (USA), National Association (COBNA), which offers credit and debit card products, other lending products and deposit products. On February 27, 2009, the Company acquired Chevy Chase Bank F.S.B. (Chevy Chase Bank).
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.