Credit card names reiterated as Buys at Buckingham after stress tests

|By:, SA News Editor

American Express (AXP), Discover (DFS), and Capital One (COF) all have sizable capital surpluses under the Fed's severely adverse scenario, says Buckingham, and are thus poised for sizable capital returns. All three names are ahead 1-2% in opening trades.

Last night: Discover unveils proposal for 20% dividend boost and $1.6B in buybacks.

Stress test results