J. Michael Jones
Synchrony Financial (NYSE:SYF), a bank that specializes in consumer loans, announced its fourth quarter earnings on Tuesday. Last May, I wrote about how Synchrony's long-term debt, which yielded above 9% at the time, was a good investment. In
Analyst’s Disclosure: I/we have a beneficial long position in the shares of SYF.PR.A either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I also own Synchrony Financial debt maturing in 2033.
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