Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



US Bancorp: Despite Rate Risk Series A Preferred Still A Good Buy

November 14, 2024
US Bancorp (NYSE:USB) continues to be a strong investment option, despite the inherent risks associated with interest rate fluctuations. The company's Series A Preferred shares are particularly attractive, offering investors a stable income stream and potential long-term appreciation. With a solid financial position and strong market presence, USB remains a safe bet for investors.
In other news, U.S. Bancorp has announced a significant rate adjustment, cutting its prime lending rate to 7.75 percent. This move aims to stimulate lending and support economic growth amidst the current economic climate.
Amidst these developments, it is worth noting that Sumitomo Mitsui Trust Group Inc. has purchased a substantial number of shares in U.S. Bancorp. This signals confidence in the company's prospects and further strengthens its position in the market.
While it is important to conduct thorough research and seek professional advice, investors may consider exploring the potential of U.S. Bancorp's stock. Professional forecasters at Stocks Prognosis can provide valuable insights and recommendations to aid in making informed investment decisions.

Find out how the U.S. BANCORP rate is expected to change

Get Forecast for USB

Investor opinions & comments:

U.S. Bancorp's strong market presence and stable income stream make it an attractive investment option
— from MatthewGarcia at 11-18-2024 09:49
This is great news! I'm excited to see how U.S. Bancorp continues to perform in the market
— from DividendDaisy at 11-18-2024 07:33
U.S. Bancorp has always been a reliable option for investors. I'm not surprised that their Series A Preferred shares are attractive
— from DividendDylan at 11-17-2024 21:09
Given the current economic climate, I'm hesitant about investing in any financial institutions
— from SaraBrown at 11-17-2024 20:25
I would need to analyze U.S. Bancorp's financial performance before making any investment decisions
— from ScarlettRivera at 11-17-2024 17:00
With a solid financial position and strong market presence, U.S. Bancorp remains a safe bet for investors
— from OwenSullivan at 11-17-2024 15:45
I'm not sure if now is the right time to invest, considering the risks associated with interest rate fluctuations
— from PennyPenny at 11-16-2024 20:56
I trust Sumitomo Mitsui Trust Group's judgment. If they see potential in U.S. Bancorp, it must be a good investment
— from JonathanPowell at 11-16-2024 19:42
Cutting the prime lending rate shows U.S. Bancorp's commitment to supporting economic growth. I'm impressed with their proactive approach
— from LaylaFloyd at 11-16-2024 10:44
I trust the professional forecasters at Stocks Prognosis to provide accurate insights on U.S. Bancorp's stock
— from DividendDiane at 11-16-2024 06:19
U.S. Bancorp's stock is definitely worth exploring. I'm going to do some research and see if it aligns with my investment goals
— from WealthyWes at 11-15-2024 22:44
I'm glad to see that U.S. Bancorp is taking measures to stimulate lending and support economic growth
— from LoganWard at 11-15-2024 16:21
I've been looking for a stable income stream, so I'll definitely consider investing in U.S. Bancorp's Series A Preferred shares
— from AmandaWright at 11-15-2024 11:42
I've had positive experiences with U.S. Bancorp before, so I'm inclined to consider their stock as a good investment
— from OliverHayes at 11-15-2024 09:00
Investing in U.S. Bancorp seems like a smart move, especially with Sumitomo Mitsui Trust Group's confidence in the company
— from VictoriaGreen at 11-15-2024 04:47
If you want to leave a comment, then you need Login or Register





Other news for USB

USBJune 12, 2025USB U.S. BANCORP Introduces New Innovations in Online Banking Services  ~1 min.

USB U.S. BANCORP, a leading financial institution, has recently unveiled a series of new features and enhancements to their online banking services....

USBMay 31, 2025U.S. Bancorp NYSE:USB Upgraded to Hold at Wall Street Zen  ~1 min.

USB U.S. Bancorp has recently been upgraded to a Hold rating by Wall Street Zen, indicating increased confidence in the company's performance....

USBMay 12, 2025U.S. BANCORP Hits Price Target Forecast with 9.1% Profit on QuantWave Platform  ~2 min.

U.S. BANCORP, a prominent player in the financial services sector, recently saw its stock price achieve the price target forecast set by QuantWave, a leading automated forecasting platform....

USBMay 12, 2025U.S. BANCORP Stock Hits Price Target Forecast, Generating 8.67% Profit for QuantWave Users  ~1 min.

On May 1, 2025, QuantWave, the automated forecasting platform, issued a price target forecast for U.S. BANCORP with an entry point of $40.5 and a long direction....

USBApril 3, 2025U.S. BANCORP Hits Price Target Forecast with 10.17% Profit: A Success Story for QuantWave  ~1 min.

The stock of U.S. BANCORP recently achieved an impressive price target forecast set by QuantWave, resulting in a significant profit of 10.17%....



Related news

PSXJanuary 1, 2025Phillips 66 PSX Maintains Stability Amidst Market Downturn: Vital Updates for Investors  ~2 min.

Despite a recent slip in the market, Phillips 66 (PSX) has managed to stay firm and unaffected by the market volatility....

GOOGLFebruary 12, 2025Alphabet Inc. GOOGL Misses Revenue Estimates, Boosts AI Investment to $75B  ~2 min.

Google parent company Alphabet Inc. reported its quarterly earnings today, falling short of revenue estimates....

MARJanuary 26, 2025Marriott International Elects Sean Tresvant to Board of Directors  ~1 min.

Marriott International, Inc., a leading hospitality company, has recently announced the election of Sean Tresvant to its Board of Directors....

AMDJanuary 5, 2025Advanced Micro Devices Inc. AMD Surpasses Expectations, Attracting Investor Attention  ~2 min.

Advanced Micro Devices Inc. (AMD) has been making headlines recently, and for good reason....

ABTFebruary 21, 2025Abbott Laboratories NYSE:ABT: A Leading Drug Stock with Promising Future  ~1 min.

Abbott Laboratories, a renowned pharmaceutical company, has emerged as one of the best drug stocks to invest in....