H&R Block shares posted returns of more than 33 percent year to date, making it the No. 14 top-performing S&P stock of 2011.
The Missouri-based tax services company traded at nearly $16 per share midday Tuesday. It's 52-week high was $18, with a low in the same period of $11.46. It had EPS of $1.33.
“Fast Money” trader Stephen Weiss said the stock was a buy.
“It’s a steady, steady company, always has been. Good cash-flow generation. Very simple business model, and it withstood the test of time,” he said. “It’s a defensive stock, and it’s domestic.”
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Trader disclosure: On Dec. 13, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders: Stephen Weiss Is long QCOM; Is long EUO; Is long BA; Stephen Cortes; Is Long Treasuries; Is Long (SVU); Is short Australian Dollar; Is short Euro Currency; Is short (AAPL); Is short Crude Oil Futures; For Dan Dicker Is long RIG; Is long SLB; Is long BHI
For Patty Edwards
Firm is long NKE
Firm is long COP
Firm is long CVX
Firm is long NKE
Firm is long COST
Firm is long AMZN
Firm is long MCD
Firm is long YUM
Firm is long SBUX
For Brian Kelly
Funds long IWM
Funds long Euro currency
Funds long British Gilts
Funds short Swiss Franc
Funds short German Bunds
Funds short Japanese Yen
For Amelia Bordeau
Firm makes market in AUD/NZD & Euro Currency
For Arvind Bhatia
No disclosures
For Anthony Chukumba
BB&T Capital Markets makes a market in the securities of Best Buy Co. Inc.
BB&T Capital Markets expects to receive or intends to seek compensation for investment banking services from Best Buy Co. Inc. in the next three months.
An affiliate of BB&T Capital Markets received compensation from Best Buy Co., Inc. for products or services other than investment banking services during the past 12 months. The analyst or employees of BB&T Capital Markets with the ability to influence the substance of this report know or have reason to know the foregoing facts.
For Walter Pritchard
Citigroup Global Markets Inc. or its affiliates beneficially owns 1% or more of any class of common equity securities of salesforce.com, inc.. This position reflects information available as of the prior business day.
Citigroup Global Markets Inc. currently has, or had within the past 12 months, the following as clients, and the services provided were non-investmentbanking, securities-related: salesforce.com, inc..
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