Come across this stock 3 months back in Gurufocus when Warren Buffett purchased it @ $31 plus. It has increased to the 33-37 range since then (George Soros purchased at 37).
Now due to the Countrywide Financial Corporation (CFC) effect, it has dropped back down below 30. It's a buy.
A quick look:
Dividend Yield of 5% - versus 2-3% in the industry.
return on asset of 2.09%
return on equity of 23%
equity asset ratio 0f 9% (anything greater than 5% is favourable i.e. lower risk)
US Bancorp has sidestepped credit issues, because its total subprime exposure amounts to 2.8% of its portfolio.
Today's price = $29.99
Showing posts with label peter lynch. Show all posts
Showing posts with label peter lynch. Show all posts
Jul 26, 2007
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