Capital One Financial
Rising interest rates are typically a positive for banks, and this top stock is offering a very solid entry point. Capital One Financial Corp. (NYSE: COF) operates as the financial services holding company for the Capital One Bank (USA) and Capital One, which provides various financial products and services in the United States, Canada and the United Kingdom.
The company accepts checking accounts, money market deposits, negotiable order of withdrawals, savings deposits and time deposits. Its loan products include credit card loans; auto and retail banking loans; and commercial and multifamily real estate, and commercial and industrial loans.
Capital One Financial also offers credit and debit card products, online direct banking services and treasury management and depository services. It serves consumers, small businesses and commercial clients through digital channels, branches, cafés and other distribution channels located in New York, Louisiana, Texas, Maryland, Virginia, New Jersey and California.
Shareholders receive a 2.38% dividend. Goldman Sachs has a target price of $113 on Capital One Financial stock. The consensus target is $114.22, and the stock closed on Tuesday at $103.63.
Carlyle Group
This limited partnership is a solid holding for investors looking for private equity exposure. Carlyle Group L.P. (NYSE: CG) is an investment firm specializing in direct and fund-of-fund investments. Within direct investments, it specializes in management-led/leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, as well as venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture and private investment in public equity (PIPE) deals.
Within the industrial sector, the firm invests in manufacturing, building products, packaging, chemicals, metals and mining, forestry and paper products, and industrial consumables and services. In consumer and retail sectors, it invests in food and beverage, retail, restaurants, consumer products, domestic consumption, consumer services, personal care products, direct marketing and education.
Within the aerospace, defense, business services, and government services sectors, it seeks to invest in defense electronics, manufacturing and services, government contracting and services, information technology and distribution companies. In the telecommunication and media sectors, it invests in cable TV, directories, publishing, entertainment and content delivery services, wireless infrastructure/services, fixed line networks, satellite services, broadband and internet and infrastructure.
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