15 Stocks on Jim Cramer’s Radar

3. Capital One Financial Corporation (NYSE:COF)

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.

… 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.”