Ads by Google

Schaeffer's By The Numbers: Capital One Financial Corp. Leads the Market's Rally, By the Numbers

The stock market has made some serious headway since its March 9 bottom, with the S&P 500 Index up more than 50% from its first-quarter nadir. Since that time, Capital One Financial Corp. (NYSE: COF) has emerged as the leader of the rebound, with the credit card concern soaring 354% from March 9 through Tuesday's close. Amid the recent pullback in the broader market, we decided to see whether COF is well-positioned to continue its trailblazing rally.

First, a quick disclaimer about our methodology: when we say that COF has been the best-performing stock amid the market's rebound, we're referring only to equities that closed above $8 per share on both March 9 and Oct. 27. This filters out any penny stocks that racked up ridiculously bullish returns -- including the likes of Human Genome Sciences (NASDAQ: HGSI), which vaulted nearly 3,400% higher from its March 9 close of 55 cents per share.

To continue reading this article, click here: http://www.schaeffersresearch.com/commentary/content/capital+one+financial+corp+leads+the+markets+rally+by+the+numbers/observations.aspx?click=home&ID=95999&source=businesswire

SOURCE: Schaeffer's Investment Research

Schaeffer's Investment Research 
Elizabeth Harrow, 513-589-3800 
eharrow@sir-inc.com

Copyright (C) 2009 BusinessWire. All rights reserved

News Provided by COMTEX


Related terms: equity, index, investment, investment opinion, market, nasdaq, nyse, research

Related Articles

Human Genome Sciences books smaller 3Q loss
Oct 29, 2009
Article:Human Genome Sciences books smaller 3Q loss:/n...f135515D69.DTL Article:Human Genome Sciences books smaller 3Q loss:/n...Estate Associated Press Human Genome Sciences books smaller 3Q loss Thursday...

CBS cuts 'Numbers' to 16 episodes
Nov 4, 2009
...of Youth Piracy Panel CBS cuts 'Numbers' to 16 episodes 'Flashpoint' may...night slot By MICHAEL SCHNEIDER "Numbers" has been given a new one...is a top contender to take over the "Numbers" slot. Net execs stressed caution...

Human Genome Sciences books smaller 3Q loss (AP)
Oct 29, 2009
...approval Shares of Human Genome Sciences rose 23 cents to $20... Related Searches: human genome sciences inc human genome science Buzz up! Send...economy grows Op-Ed: Numbers, not shouting, overwhelm...

PW Pick of the Week: The Language of Life by Francis Collins
Nov 9, 2009
...those soon to come that are directly attributable to the federal government's Human Genome Project, headed by Collins, and which mapped the entire human genome. Collins is also not shy about taking on large political issues. He points out...