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Jim Cramer on Banco Bradesco: 'I Don't Want to Be Connected With Brazil'

Jim Cramer on Banco Bradesco: 'I Don't Want to Be Connected With Brazil'

Yahooa day ago
Banco Bradesco S.A. (NYSE:BBD) is one of the stocks Jim Cramer recently discussed. When a caller expressed their intention to invest further in the stock, Cramer commented:
'Banco Bradesco, I'll tell you, I don't want to be connected with Brazil. It's had a big run. Can I just substitute, if you don't mind, and say if you want an overseas bank, I think you should be in Santander. Now, it just hit an all-time, you know, 52-week high again. Doesn't have as good a yield, but it is crushing it, and it's the biggest bank in Europe. I think Santander is a little bit better. I don't want to be connected with Brazil. I really want to be connected with Spain.'
Image by MayoFi from Pixabay
Banco Bradesco S.A. (NYSE:BBD) provides banking, insurance, investment, and financial services for individuals and businesses. The company's products include loans, credit cards, insurance plans, pension solutions, and foreign exchange services.
While we acknowledge the potential of RL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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