5 Best Stocks to Buy for Medium Term

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1. Discover Financial Services (NYSE:DFS)

Dividend Yield as of February 27: 2.14%

Number of Hedge Fund Holders: 52

Discover Financial Services (NYSE:DFS) is a consumer finance company based in Riverwoods, Illinois. It provides digital banking products and services, among more.

Moshe Orenbuch at Credit Suisse holds an Outperform rating on Discover Financial Services (NYSE:DFS) shares as of January 20, alongside a $120 price target.

After continuously raising its dividend for the past 12 years, Discover Financial Services (NYSE:DFS) now has a payout ratio of 14.85%. In the fourth quarter, the company’s revenue was $3.73 billion. This represented a revenue growth rate of 27.11% year-over-year.

Discover Financial Services (NYSE:DFS) was found among the 13F holdings of 52 hedge funds in the fourth quarter. Their total stake value was $1.3 billion.

Follow Discover Financial Services (NYSE:DFS)

See also 10 Best March Dividend Stocks to Buy and 10 Dividend Stocks that George Soros Owns.

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