Synchrony Financial: Down For A Reason
Summary Points: - Synchrony reported mixed Q1 2018 results, which had an impact on the stock. - The company reported strong growth metrics but the asset quality concerns are front-of-mind for most investors. - Synchrony's stock is a long-term buy at today's price. Some pundits were confused by the market's muted response to Synchrony Financial's ($SYF) Q1 2018 results, but I, on the other hand, believe that the stock movement (or lack thereof) should have been expected. Since