Latest news with #CapitalOneFinancialCorporation
Yahoo
8 hours ago
- Business
- Yahoo
Jim Cramer Hopes Capital One Financial (COF) Stock 'Could Enter the 52-week Hallowed Ground'
We recently published a list of . In this article, we are going to take a look at where Capital One Financial Corporation (NYSE:COF) stands against other stocks that Jim Cramer discusses. While discussing Capital One Financial Corporation (NYSE:COF), Cramer said that it is cheap, and he remarked: 'You know what, I'm hoping that COF, Capital One, which just bought Discover Financial, that it could enter the 52-week hallowed ground. It's cheap. It'll have a gigantic buyback come July… COF, I feel very lonely, but I won't come July.' Capital One Financial(NYSE:COF) offers a wide range of financial services and products, including credit cards, loans, deposit accounts, and online banking. The company also provides solutions in commercial lending, treasury management, and financial advisory. In an episode aired in May, Cramer called it his 'favorite stock.' A smiling face of a customer as they make a deposit at this company's branch. 'Monday also is the first day when Capital One, the credit card bank, trades as one with Discover Financial as the deal is now closed. Now I've been telling people…. that Capital One is my favorite stock right now in the Charitable Trust, even as it just gained almost 20 points this month alone. I think the move is far from over. I expect number bumps and analyst upgrades. You've got to learn the Capital One story.' Overall, COF ranks 9th 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
8 hours ago
- Business
- Yahoo
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.
Yahoo
01-06-2025
- Business
- Yahoo
Jim Cramer and Wall Street Are Bullish on Capital One Financial Corporation (NYSE:COF)
We recently published a list of . In this article, we are going to take a look at where Capital One Financial Corporation (NYSE:COF) stands against other stocks on Jim Cramer and Wall Street's radar. During April 24's episode of Squawk on the Street, Cramer made the following comment about Capital One Financial Corporation (NYSE:COF): 'We own Capital One. Now I don't know… people… in your world, this Capital One, it got approved, and, and, Fairbank is gonna stand there after this thing closes, and I think he's gonna buy back a ton of stock because his stock is really cheap and he's a reaallyy good banker […] Capital One, they're supposed to be missing the quarter, people are supposed to be defaulting. It is the oddest time, it's the strangest angst, David, I see people having angst and doing crazy things. They have angst, and they're paying off their credit. You know when you have angst, you default.' A smiling face of a customer as they make a deposit at this company's branch. Capital One Financial Corporation (NYSE:COF) provides a broad range of financial services, including banking, lending, and credit products. The company offers checking and savings accounts, various types of loans, and digital banking services to individuals, small businesses, and commercial clients. On May 21, BofA analyst Mihir Bhatia increased the price target for Capital One (NYSE:COF) to $233 from $223 and maintained a Buy rating after the recent acquisition of Discover Financial. The analyst highlighted that the closed-loop Discover network provides significant strategic opportunities that could strengthen Capital One's deposit, banking, and card businesses. The firm noted that credit metrics are improving and expects expense synergies to be easily attainable. 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. Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
Capital One Financial Corporation (NYSE:COF) Is Run By A 'Genius,' Says Jim Cramer
We recently published a list of Jim Cramer Reveals 'Quiet' Stock That Goes Up In This List Of 12 Stocks. In this article, we are going to take a look at where Capital One Financial Corporation (NYSE:COF) stands against other stocks that Jim Cramer recently discussed. In a recent appearance on CNBC's Squawk on the Street, Jim Cramer commented on the recent downgrade of US credit. In a surprising development that led markets to end flat during the day, ratings agency Moody's downgraded America's perfect credit rating from the highest rating of AAA to AA+. Mentioning the development, Cramer said: "No we gotta go back to when there was a surprise. Of course when we saw S&P downgrade our. . .debt Triple A to AA+. And that was, you know we got hit pretty badly, down 6.6% in August 5th of 2011. But then we had, we had Fitch downgrade us. And that was not that bad. That was a down 1.38, when. . .And David, what's happening, that didn't happen then, was that is an alternative, the money keeps going to these European stocks. And it's rather amazing because when you look at dollar denominated, you. . .Germany and Spain up 30%!" The CNBC host also linked the lack of faith in US debt with younger generations relying on Bitcoin. He outlined: "Well, I think that Bitcoin is where, I was doing a bottle signing for my wife. . . .younger people, they don't wanna talk about stocks. They just talk about how, what a mess this debt is. So we're buying crypto. And one of them said really interesting, which was like, the President is no longer as focused on the market. President's focused on Bitcoin. Now, I think that there have been a series of articles about the President and Bitcoin. Not that complementary. But, it does point out to the fact that he sees more than. . ." To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC's Squawk on the Street aired on May 19th. For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Number of Hedge Fund Holders In Q4 2024: 89 Capital One Financial Corporation (NYSE:COF) is one of the biggest banks in America. The firm has been at the center of news coverage in 2025 after its highly anticipated merger with Discover Financial finally secured regulatory approval. Cramer has been a fan of the deal's potential, and this time around, he termed it a genius move that could disrupt the payments industry in America. Here's what he said about Capital One Financial Corporation (NYSE:COF): "I'll give you a regional [bank] that I love David, let's see if you can guess it. . . .How's that stock [COF] doing? Overall, COF ranks 1st on our list of stocks that Jim Cramer recently discussed. 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 doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than COF but that trades at less than 5 times its earnings, check out our report about this cheapest 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.
Yahoo
20-05-2025
- Business
- Yahoo
Jim Cramer Says 'Capital One (COF) is My Favorite Stock Right Now'
We recently published a list of . In this article, we are going to take a look at where Capital One Financial Corporation (NYSE:COF) stands against other stocks on Jim Cramer's radar On Friday's episode of Mad Money, Jim Cramer reflected on this week's market performance, with attention to upcoming earnings reports and broader market sentiment. 'Now we've been on a real rebound since post-Liberation Day meltdown back in the first week of April, with tech leading the way after really taking it on the chin.' READ ALSO Jim Cramer Recently Commented On These 12 Stocks and Jim Cramer Put These 8 Stocks Under a Microscope Recently According to Cramer, the rebound has been largely driven by tech stocks, which had previously been under pressure. However, he expressed uncertainty about whether that trend will hold, as he mentioned that the tech sector has been relatively quiet in terms of news, aside from a keynote from Jensen Huang. Looking ahead, Cramer noted that more retail earnings are expected this week. 'But here's the bottom line: Unless we get news of new hostilities in the trade war with China, I think this market's propensity will still be to go higher, even though we are overbought. And even with this late-night credit rating downgrade of the US debt, which is very quizzical to me, I think we're containing the downside of the economy, and that means no recession, which tells me the negativity may be out of sync with the reality. That's often the best kind of market…' For this article, we compiled a list of 15 stocks that were discussed by Jim Cramer during the episodes of Mad Money aired on May 16. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A smiling face of a customer as they make a deposit at this company's branch. Number of Hedge Fund Holders: 89 Emphasizing that investors should learn the 'story' of Capital One Financial Corporation (NYSE:COF), Cramer said: 'Monday also is the first day when Capital One, the credit card bank, trades as one with Discover Financial as the deal is now closed. Now I've been telling people…. that Capital One is my favorite stock right now in the Charitable Trust, even as it just gained almost 20 points this month alone. I think the move is far from over. I expect number bumps and analyst upgrades. You've got to learn the Capital One story.' Capital One Financial (NYSE:COF) is a financial company that provides credit cards, loans, banking products, and services related to advisory and capital markets. Appearing on Squawk on the Street in April, Cramer remarked: 'We own Capital One. Now I don't know. . people. . .in your world, this Capital One, it got approved, and, and, Fairbank is gonna stand there after this thing closes, and I think he's gonna buy back a ton of stock because his stock is really cheap and he's a reaallyy good banker. Overall, COF ranks 3rd on our list of stocks on Jim Cramer's radar. 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 AI stock that is more promising than COF and that has 100x upside potential, check out our report about this cheapest 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
