BUY Conviction3/5 Analysis quality75/100 Price target38 now
The YouTuber believes Jefferies Financial would be a great pick for its capital markets exposure, complementing Buffett's existing bank holdings. The company consistently shows sales growth above the industry average in investment banking, trading, and fixed income. Despite an expected tumble in earnings this year, shares are trading at a low 8.7 times P/E, with earnings projected to rebound 24% next year, and it pays a 4.4% dividend.
“I think Jefferies Financial ticker JEF would be a great pick or as Warren Buffett has a lot of consumer banking exposure with Bank of America and U.S. Bancorp Jefferies would add that exposure to investment banking trading and fixed income.”