Is Capital One a Buy Now That It Has Bought Discover?

Buying a stock when everything is going well only makes sense if you are getting a good price, which doesn't appear to be the case right now. Notably, Capital One's price-to-sales, price-to-earnings, and price-to-book value ratios are all above their five-year averages. The dividend yield is 1.1%, which is at the low end of the yield range over the past decade. In other words, you are paying a premium price for Capital One stock during the good times. Lending to lower-credit-quality customers can be very pr ...