Discover (DFS) might be the best of the credit card crowd, says Jefferies (AMEX and CapOne...

|About: Discover Financial Services (DFS)|By:, SA News Editor

Discover (DFS) might be the best of the credit card crowd, says Jefferies (AMEX and CapOne earlier), confident the company can continue to see card growth of 4% even in a soft environment. Also noted are charge-offs at the low end of management guidance and the $2.4B buyback program. Risks: Higher expenses driven by rewards and advertising.