I have always been interested in the financial sector. But up until a couple of years ago, I only dipped my toes in it slightly. Over time, I have gotten much more comfortable with the industry and, while I do believe that it has certainCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth c ...

Synchrony Continues as Exclusive Issuer of the Techron Advantage Credit Card for Chevron and Texaco Customers STAMFORD, Conn., Dec. 18, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced the extension of their collaboration with Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), on the Techron Advantage Credit Card program. The amendment by the parties of their existing agreement to extend the term builds upon the succes ...

Partnership Overview - Synchrony Financial (SYF) announced a three-year partnership with Daybreak, a provider of at-home sleep health solutions, allowing customers to use Synchrony's CareCredit card for flexible financing of Daybreak's FDA-cleared sleep apnea devices and diagnostic kits [1] - The partnership aligns with Synchrony's strategy to expand its health and wellness offerings, tapping into a growing market that prioritizes sleep health as a foundation for overall well-being [3] Market Opportunity - Sleep disorders affect approximately 50-70 million Americans, creating a significant market opportunity for accessible and cost-effective solutions [2] - Traditional in-lab sleep studies often involve high out-of-pocket expenses, making Daybreak's at-home solutions combined with CareCredit financing a more accessible option for consumers [2] Financial Impact - Health and Wellness accounted for 17.3% of Synchrony's total interest and fees on loans in Q3 2024 [4] - The partnership is expected to aid Synchrony in increasing period-end loan receivables and interest and fees on loans, especially as the Health and Wellness segment's purchase volumes declined 3% year-over-year in Q3 2024 [5] Stock Performance - Synchrony's shares have gained 56.9% in the past six months, outperforming the industry's 22.5% growth [6] Industry Context - Synchrony currently holds a Zacks Rank 1 (Strong Buy), indicating strong market confidence in its performance [7] - Other top-ranked stocks in the finance space include ProAssurance Corporation (PRA), Kemper Corporation (KMPR), and CNO Financial Group, Inc (CNO), with PRA also holding a Zacks Rank 1 and KMPR and CNO carrying a Zacks Rank 2 (Buy) [7]

CareCredit health and wellness credit card now accepted as a payment option for Daybreak's sleep testing-kits and sleep apnea deviceSTAMFORD, Conn., Dec. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, and Daybreak, a top-provider of full at-home sleep testing kits and custom-fit sleep apnea devices, have extended flexible financing to customers interested in Daybreak's products. With an estimated 50-70 million Americans currently living with ongoing sleep disor ...

STAMFORD, Conn., Dec. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) President and Chief Executive Officer, Brian D. Doubles, and Chief Financial Officer, Brian J. Wenzel, will participate in a fireside chat at the 2024 Goldman Sachs Financial Services Conference on Tuesday, December 10, 2024 at 8:00 a.m. (Eastern Time).A live webcast and replay will be made available on the Synchrony Investor Relations website at www.investors.synchrony.com. About SynchronySynchrony (NYSE: SYF) is a premier consumer financi ...

Investors looking for both stability and growth are watching the stock of Synchrony Financial (NYSE: SYF ). While its stock price experienced a slight dip recently, the company’s fundamentals are strong, with a healthy growth trajectory. Synchrony is the leaderI am a financial writer with a degree in Finance. In my five-year career, I have worked with two financial companies. I keep a close eye on Energy, Banking, and Tech stocks. My main focus is fundamental analysis and looking at the long-term position o ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

It has been about a month since the last earnings report for Synchrony (SYF) . Shares have added about 14.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Synchrony due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Synchrony Shines in Q3: Expense Management Drives E ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both Synchrony (SYF) and Brookfield Asset Management (BAM) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, ...