A study of analyst recommendations at the major brokerages shows that Synchrony Financial (Symbol: SYF) is the #29 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.
SYF operates in the Banking & Savings sector, among companies like JPMorgan Chase & Co ( JPM ) which is down about 0.6% today, and Bank of America Corp. ( BAC ) trading lower by about 0.7%. Below is a three month price history chart comparing the stock performance of SYF, versus JPM and BAC.
SYF is currently trading down about 1.2% midday Tuesday.
Top Analyst Picks With Strong Stock Buyback Activity »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
