Jim Cramer Discussed 12 Stocks and Macroeconomic Conditions

3. Capital One Financial Corporation (NYSE:COF)

Number of Hedge Fund Holders: 129

Capital One Financial Corporation (NYSE:COF) is one of the stocks Jim Cramer discussed along with macroeconomic conditions. Cramer was bullish on the company as he remarked:

“Keep an eye out for another big position in the trust, it’s Capital One, COF. Now, it’s the credit card company, it’s up about 38%. I think it’s going to be a monster year in 2026 for these guys.”

Capital One Financial Corporation (NYSE:COF) provides banking and financial services, including credit cards, loans, deposit accounts, and commercial banking solutions. RGA Investment Advisors stated the following regarding Capital One Financial Corporation (NYSE:COF) in its third quarter 2025 investor letter:

“We recently added shares of Capital One Financial Corporation (NYSE:COF) to our portfolios. At one point, through our shares in ING years ago, we owned COF indirectly. This resulted from ING’s divestiture of ING Direct to Capital One, in exchange for cash and shares totaling just shy of 10% of the company. This acquisition gave Capital One a low-cost, digitally native (branchless) deposit base with a state-of-the-art user interface and consumer experience. Though we never owned COF directly, we watched it admirably for years. When COF announced their Discover (DFS) acquisition, we thought it was too good to be true and feared regulators could prevent the tie-up from happening, but we did our work as we watched to see what would happen. As luck would have it, regulators eventually approved the deal and we now own COF directly.

The acquisition of DFS is a transformative transaction that uniquely positions COF to generate substantial value, fundamentally redefine its competitive standing, and reshape the US payments landscape. By integrating DFS’s proprietary network and customer base, COF is shifting from being primarily a card issuer to a vertically integrated payments entity, akin to an American Express-like operation with scale rivaling the largest payments networks in the world. …” (Click here to read the full text)