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Stock impact report

1 Warren Buffett Stock That Looks Too Cheap to Ignore [The Motley Fool]

Synchrony Financial (SYF) 
Last synchrony financial earnings: 4/21 06:30 am Check Earnings Report
Company Research Source: The Motley Fool
To say that the stock market has been volatile would be a massive understatement, and very few stocks have been immune. Even some of the stocks in Warren Buffet-ledBerkshire Hathaway(NYSE:BRK.ANYSE:BRK.BWhile the COVID-9 pandemic is far from over and things could certainly get worse in the stock market before they get better, here's whySynchrony FinancialNYSE:SYFImage source: Getty Images.The biggest credit card company you've never heard ofI've called Synchrony Financial the "largest credit card company most people have never heard of" because it's not nearly as much of a household name asDiscover(NYSE: DFS)American Express(NYSE: AXP)Amazon(NASDAQ: AMZN)Lowe's(NYSE: LOW)Why has Synchrony been beaten down?Synchrony is down by nearly 60% in 00, and it's easy to understand why. Credit card debt is far more recession-prone than most other types, and this is especially true for store credit cards. In fact, Synchrony's net charge-off ratio in 09 was about 6%, meaning that $600 out of every Show less Read more
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