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3 Consumer Finance Stocks to Buy Now

SLM, DFS, NICK improve in weekly rankings


The grades of three Consumer Finance stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

SLM Corp. (NASDAQ:SLM) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. SLM provides funding and servicing support for student loans in the United States. In Portfolio Grader’s specific subcategories of Cash Flow and Margin Growth, SLM also gets A’s. The stock’s trailing PE Ratio is 9.3. For more information, get Portfolio Grader’s complete analysis of SLM stock.

This week, Discover Financial Services (NYSE:DFS) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. Discover Financial Services offers credit cards, personal and student loans, and deposit products to consumers. The stock price has risen 6.1% over the past month, better than the 1.1% increase the S&P 500 has seen over the same period of time. The stock has a trailing PE Ratio of 8.9. For more information, get Portfolio Grader’s complete analysis of DFS stock.

Nicholas Financial (NASDAQ:NICK) gets a higher grade this week, advancing from a C last week to a B. Nicholas Financial acquires and services installment sales contracts for purchases of new and used automobiles and light trucks. Shares of the stock have been changing hands at an unusually rapid pace, four times the rate of the week prior. The stock currently has a trailing PE Ratio of 7.4. For more information, get Portfolio Grader’s complete analysis of NICK stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.

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