Author: Jody Chudley, Wealthy Retirement

If oil prices go higher, then buying it at current prices is going to work out very well.

It’s trading at a discount to the overall market while growing earnings faster than the average company. In the business, we call this “growth at a reasonable price” (GARP).

It has plenty of cash flow to support its double-digit yield.

Simply put, I like the opportunity.

The stock is cheap, the dividend yield is solid, the company’s loan portfolio is performing well, and its deposit base has not just held up but grown.