From Yahoo Finance: 2025-04-11 16:33:00

Discover Financial Services (NYSE:DFS) is highlighted as a cheap NYSE stock to invest in based on hedge fund data. The company provides digital banking and payment services in the US, with a forward P/E ratio of 11.17 and 91 hedge fund holders. Analysts are bullish on DFS due to its strong financial performance.

Jack Caffrey of JPMorgan Asset Management discussed market trends on CNBC, emphasizing diversified portfolios and the importance of ‘time in the market’. The MAG7 stocks have driven trends, but mean reversion may occur as earnings take precedence over valuation. Opportunities exist in sectors like energy and those benefiting from a weaker dollar.

Stimulus measures in Europe are transitioning from monetary to fiscal policies, creating new investment opportunities. Investors are increasingly looking for opportunities in overlooked sectors like energy and businesses benefiting from a weaker dollar.

Middle Coast Investing highlighted Discover Financial Services’ improvements, stating that the company has strengthened its business in the past six months. Despite its growth potential, investing in AI stocks may offer higher returns within a shorter time frame. Consider exploring undervalued AI stocks for potential high returns.

Overall, Discover Financial Services ranks 11th on the list of cheap NYSE stocks to invest in according to hedge funds. While DFS shows growth potential, investing in AI stocks with high returns in a shorter time frame may be more promising. Consider exploring the potential of the cheapest AI stock for significant gains.

Read more: Is Discover Financial Services (DFS) a Cheap NYSE Stock to Invest in According to Hedge Funds?