The Traderszone Network

Published in TZ Latest News 8 June, 2016 by The TZ Newswire Staff

No Easy Money for Credit Card Companies

Credit Card Industry

Image source: Getty Images.

This should be a great time to be a credit card company, but you wouldn’t know it from the stock charts. American Express (NYSE: AXP), Capital One (NYSE: COF), and Discover Financial (NYSE: DFS) are all off their highs, posting annualized returns of -21%, -8%, and -8%, respectively, since the start of 2015.

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