Jim Cramer Calls Capital One Financial a Buy
'Yeah, the Capital One is, both of these are buys. Capital One, down today. That's a great opportunity.'
A smiling face of a customer as they make a deposit at this company's branch.
Capital One (NYSE:COF) provides a wide range of financial services, including credit cards, loans, and deposit accounts for individuals, small businesses, and commercial clients. The company also offers online banking, treasury management, and advisory services. On June 1, Cramer mentioned the stock and said that it can go higher. He remarked:
'It also bodes well for the banks, any banks, including Bank of America, Wells Fargo, and my favorite right now is Capital One. Now that Capital One has merged with Discover, its stock has the potential to keep climbing because it's put together a credit card powerhouse. And I know it's up a lot, but it can go higher.'
While we acknowledge the potential of COF 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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