Friday, November 2, 2012

Chart of the Day - Discover Financial Services (DFS)

The "Chart of the Day" is Discover Financial Services (DFS), which showed up on Wednesday's Barchart "All-Time High" list. Discover on Wednesday posted a new all-time high of $41.02 and closed +1.86%. TrendSpotter has been long since Sep 28 at $39.73. Discover was last featured by "Chart of the Day" as of the close on July 27, 2012 at $36.41. In recent news on the stock, Janney Capital on Oct 10 initiated coverage on Discover with a Buy and a target of $47. Discover Financial Services, with a market cap of $20 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.

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