Jim Cramer on Truist: “I Would Hang On to This One”

Truist Financial Corporation (NYSE:TFC) is one of the 16 stocks Jim Cramer recently discussed. A caller asked Cramer’s opinion of the company, and he replied:

“You know, I am really surprised that Truist is doing badly as it is. I think it’s a pretty good situation. I would, I would hang on to this one. The fact that it yields 5%, I think that that’s at 10 times earnings. I think it can go to 12 times earnings… I think you should hold on to Truist, if not even buy some.”

A smiling mother with her children accessing an ATM, demonstrating the company’s easy banking services for customers.

Truist Financial Corporation (NYSE:TFC) is a financial services company focused on supporting individuals and communities through a broad range of banking, investment, and lending offerings. It ranks among the largest commercial banks in the country by asset size.

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Disclosure: None.