Jim Cramer Calls Capital One Financial (COF) a 'Tremendous' Buy
We recently published a list of . In this article, we are going to take a look at where Capital One Financial Corporation's (NYSE:COF) stands against other stocks that Jim Cramer discusses.
Talking about deregulation, Cramer noted that Capital One Financial Corporation's (NYSE:COF) merger with Discover Financial Services was possible under the new administration.
'There are many reasons why Trump won in November, inflation, immigration, cultural backlash, but there's one reason why the business community got behind him in a way they never really did in 2016 or 2020, and that's deregulation…[Referring to the Fed's decision to remove Wells Fargo asset cap restriction] This one comes on the heels of the decision by the administration to let Capital One merge with Discover Financial, okay.
A smiling face of a customer as they make a deposit at this company's branch.
Capital One Financial (NYSE:COF) provides a range of banking and lending products, including credit cards, loans, deposit accounts, and online banking services, while also offering advisory and treasury management solutions.
Overall, COF ranks 14th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of COF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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