Capital One Financial Corp (COF) – Buy
I added to my position in Capital One Financial Corp (COF) position today at $44.5999. Capital One is now our 9th largest position at this time.
Purchased at a price less than my previous purchases. Much of what I said in my previous Capital One analysis still stands although cheaper at price/book of .35 and dividend yield of 3.58%.
While I’m sure they will have some losses due to non-payment from customers due to COVID-19, I think the selling well over-done.