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Analyst Favorites With Strong Buyback Activity: Navient Corp Ranks As a Top Pick


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A study of analyst recommendations at the major brokerages shows that Navient Corp (Symbol: NAVI) is the #84 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.

According to the ETF Finder at ETF Channel, NAVI makes up 1.51% of the Guggenheim S&P 500 Equal Weight Financials ETF ( RYF ) which is trading higher by about 2.2% on the day Monday.

NAVI operates in the Credit Services & Lending sector, among companies like American Express Co. ( AXP ) which is up about 2.5% today, and S&P Global Inc ( SPGI ) trading higher by about 2%. Below is a three month price history chart comparing the stock performance of NAVI, versus AXP and SPGI.

NAVI,AXP,SPGI Relative Performance Chart

NAVI is currently trading up about 1.8% midday Monday.

Top Analyst Picks With Strong Stock Buyback Activity ยป

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing
Referenced Symbols: RYF , AXP , SPGI , NAVI



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