In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Another lesson we can infer here is the big growth in online banking is going to established players like Capital One, and not to upstarts such as Bank of Internet (NASDAQ: BOFI). That makes Capital One a good growth stock in financial services and fintech, but is it a good investment?
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My take is that Capital One’s cash and revenue will grow for the foreseeable future because it is well placed to take advantage of the trends in modern banking. In particular, it is in a good position to offer such next-generation solutions as payment apps and online loans.
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