Published on 28 Mar 2024 on Zacks via Yahoo Finance
Here's Why You Should Add Sallie Mae (SLM) to Your Portfolio
Sallie Mae SLM is well-positioned for growth on the back of a solid loan balance and strategic acquisitions. Hence, adding the stock to your portfolio seems a wise idea now.The Zacks Consensus Estimate for Sallie Mae’s 2024 earnings has been revised upward marginally over the past 30 days. This indicates that analysts are optimistic regarding its earnings growth potential. The company currently carries a Zacks Rank #2 (Buy).Over the past three months, shares of SLM have gained 13% compared with the industry’s growth of 7.9%.
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