No clarification from NewB re COF as an investment(bad)
and now Jazzapat states that earnings will be well down this year(.
At least 2 brokers give COF a 'strong buy'.
Why should COF have a bad year when there seems to be plenty of business opportunities?
Jazzapat says 2011 earnings will be 'well down' on 2010 which was 16.6c ps ('although this seems to be more than reflectedent current share price')
Huntley projects 15.9c earnings ps for 2011
even at the lower levels, the earnings yield/PER and div yield of COF are relatively high. Either it is a GREAT BUY or something else is going-on.t
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