StockCall Scrutinizes Discover Financial Services, SLM Corp., CapitalSource, and CIT Group

 StockCall Scrutinizes Discover Financial Services, SLM Corp., CapitalSource,
                                and CIT Group

PR Newswire

LONDON, April 18, 2013

LONDON, April 18, 2013 /PRNewswire/ --

While major companies from the financial sector have posted good quarterly
results, the sector itself followed the market-wide bearish sentiments during
Wednesday's trading session. Concerns about domestic and global growth rate
weighed the major stock indices down as The Dow Jones Index closed 0.94
percent lower at 14,618.59. Our research team followed major financial
services stocks, focusing on the Credit Services industry's players such as
Discover Financial Services (NYSE: DFS), SLM Corp. (NASDAQ: SLM),
CapitalSource Inc. (NYSE: CSE), and CIT Group Inc. (NYSE: CIT). StockCall
reviewed the Credit Services industry and chose DFS, SLM, CSE, and CIT for its
technical coverage. These free reports can be seen for free at

Discover Financial Services trimmed its 52-week gain by closing 1.19 percent
lower. The stock ended Wednesday's session at $42.50, while its highest price
point for the session stood at $42.82. It traded 4.82 million shares, down
from its average daily volume of 5.35 million shares. Discover Financial
Services traded in the range of $30.48 and $45.38 in the past 52 weeks.
Currently, it is trading near its high price point. The company commands
market capitalization of $21.05 billion, and it reported its latest EPS at
$4.43. The company's stock grew more than 29 percent in the past 52 weeks.
Download the free research on DFS by signing up now at

SLM Corp. is up 21.25 percent on a YTD basis, despite its 2.18 percent loss in
the previous trading session. The stock closed at $20.37 after trading in the
range of $20.36 and $20.78. It shows a neutral streak and may touch $20.51
level. Its second resistance level is at $20.75. SLM traded 4.9 million shares
during the session, up from its average trading volume of 3.60 million. The
company's stock grew 37.17 percent in the past 52 weeks, but has shown some
recovery so far in 2013. It is currently trading above its short-term moving
average price of $20.24. Register for today's free analysis on SLM at

CapitalSource Inc. closed its latest trading session at $8.91, down 1.66
percent from its previous close. The stock traded in the range of $8.85 and
$9.05 in Wednesday's session and traded 1.85 million shares. It is likely to
face its first resistance level at $9.07 and upon breaching this level the
stock may go up to $9.20. On the downside, CapitalSource may tumble to $8.89
level. The stock is highly volatile as it sports the beta of 2.15. So far in
2013, it grew 19.12 percent whereas in the past 52 weeks, it gained 36.66
percent of its value. The stock is in a neutral mode. Free report on CSE can
be accessed by registering at

CIT Group Inc.'s stock is currently trading in oversold territory with its
Relative Strength Index at 41.33. Consequently, the stock may see some gains
in the coming sessions. It closed Wednesday's session at $41.83, down 0.48
percent. The stock is currently in a neutral mode and may touch $41.60 level
in the coming days. Upon breaching this level, the stock's next support price
is at $40.08. CIT's stock is highly volatile with its beta at 1.34. So far in
2013, the stock appreciated 10.11 percent. Its 52 weeks gain stands at 4.99
percent. The stock has traded in the range of $32.29 and $44.88 during the
said time period. Register with StockCall and download the research on CIT for
free at

About is a financial website where investors can have easy, precise
and comprehensive research and opinions on stocks making the headlines. Sign
up today to talk to our financial analyst at 


Contact: Contact Person: William T. Knight, Email:, Contact
Number: +1(646) 396-9857 (9:00 am EST - 01:30 pm EST)
Press spacebar to pause and continue. Press esc to stop.