Everyone Should Watch Capital One (COF), Says Jim Cramer
Insider Monkey – Free Hedge Fund and Insider Trading Data (Ramish Cheema)We recently published 9 Stocks Jim Cramer Talked About in a Show Where He Advised OpenAI to Slow Down. Capital One Financial Corporation (NYSE:COF) is one of the stocks Jim Cramer discussed on the show.
Unlike Block, Cramer has consistently praised Capital One Financial Corporation (NYSE:COF) over the past couple of months. Most of his praise has centered on the firm’s blockbuster acquisition of Discover Financial. Capital One Financial Corporation (NYSE:COF) bought Discover for a whopping $35.3 billion all-stock transaction. Cramer believes that the transaction will enable the firm to compete with payment giants Visa and Mastercard. He is also a fan of Capital One Financial Corporation (NYSE:COF)’s CEO, Richard Fairbanks. Cramer also believes the stock should be at the $230 level. This time, he advised viewers to keep an eye on Capital One Financial Corporation (NYSE:COF)’s shares:
“I want everyone to watch Capital One, my charitable trust owns that. That’s the one we just saw delinquencies you know going up much higher for autos. Capital One’s become a much better lender but they charge a lot, let’s see how they do. It’s been a good run since they bought Discovery, I mean it’s been stalled for a long time now.”
[im-yf-promo]
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.
[/im-yf-promo]
While we acknowledge the risk and 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. If you are looking for an AI stock that is more promising than COF and that has 10,000% upside potential, check out our report about this cheapest 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.
Generated by RSStT. The copyright belongs to the original author.