Jim Cramer Recommends Buying KeyCorp Because of its CEO and Yield
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KeyCorp (NYSE:KEY) provides retail and commercial banking, lending, investment, and wealth management services, in addition to capital markets, equipment financing, and advisory solutions. In a July episode, when a caller inquired whether the company would be acquired soon, Cramer responded:
'You know what? That's an interesting question, but we had Chris Gorman on, and Chris was also on another show recently. I don't think they're in any, I think they're in expansion mode. I don't think they're in sell mode, and, but I don't mind owning the stock at all, especially with that 4.5% yield.'
While we acknowledge the potential of KEY 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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