Here is the update to Discover Financial and Capital One Financial Corporation’s (COF) Deal

Middle Coast Investing, an investment consultant company, published his investor letter in the first quarter. A copy of the letter can be downloaded here. Middle Coast Investing had a difficult but manageable first quarter, but everyone has suffered from the crash of the liberation day at the beginning of the second quarter. In order to cope with volatility, the company decided to increase the money target for each portfolio by around 5%. The company sold 3% more than bought in the quarter. In the first quarter of 2025, the US portfolios returned -4.6% for the S&P 500. These are the US portfolios that were returned -0.7%, while Russell returned 2000 -9.8%, S&P 600 and Nasdaq returned to the same period. However, the European portfolios were estimated by 9.2%. In addition, please check the five stocks of the fund to know its best selection in 2025.

In his first quarter of 2025 investor, Middle Coast emphasized investing stocks such as Capital One Financial Corporation (NYSE: COF). Capital One Financial Corporation (NYSE: COF) is a financial services company for Capital One, National Association, which offers various financial products and services. The one -month return of Capital One Financial Corporation (NYSE: COF) was -5.25% and its shares in the past 52 weeks 19.57% of their value. On April 15, 2025, the share of the Capital One Financial Corporation (NYSE: COF) closed with $ 163.54 per share with a market capitalization of $ 62.629 billion.

Middle Coast Investing explained the following regarding the Capital One Financial Corporation (NYSE: COF) in her letter of investor from Q1 2025:

“We were net buyers of Discover Financial shares who bought and sold at different times. Two things are available here – whether A financial company (NYSE: COF) it will be successful and the impending risk of recession successfully buy. We sold 200 US dollars at the beginning of the quarter and felt that it would be stupid not to take a risk off the table if a deal does not close. When the reports broke out that the deal may be exposed to a difficult test, we bought for 145 US dollars, which in my opinion discovered a fair value for simply. Another report indicated that the deal was approved and we sold some shares to USD 166.5, which is concerned about economic sensitivity. Ultimately, COF and DFS should be a profitable combination, and the deal probably seems to go through. However, credit card companies are usually very cyclical, and if the economy hits a recession, the stock suffers (although not necessarily long -term business). “

A smiling face of a customer if he makes a down payment in the branch of this company.