Jim Cramer Calls Capital One Financial a Buy

Capital One Financial Corporation (NYSE:COF) is one of the stocks that Jim Cramer shed light on. When a caller mentioned that the company stock has been “screaming” higher, Cramer commented:

“Yeah, the Capital One is, both of these are buys. Capital One, down today. That’s a great opportunity.”

Jim Cramer Calls Capital One Financial a Buy

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 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.

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Disclosure: None. This article is originally published at Insider Monkey.