Jim Cramer Says “Synergies Here Are Fabulous” Regarding Capital One’s Merger With Discover Financial

Capital One Financial Corporation (NYSE:COF) is one of the 11 stocks on Jim Cramer’s radar. Highlighting that his trust owns Capital One Financial Corporation (NYSE:COF) shares and expressing his confidence in the company, Cramer remarked:

“Also, on Tuesday, Capital One speaking at a Morgan Stanley conference, which will be the first time it’s told the story of its merger with Discover Financial, which I think will be huge, and that’s why we have a nice-sized position in this one for the Charitable Trust….

I think the synergies here are fabulous, and Richard Fairbank, the CEO of Capital One, understands credit cards as well as anyone on Earth. It should be a very good meeting. Maybe that’s why the stock was up six bucks today in anticipation of Fairbank telling a great story.”

Jim Cramer Says “Synergies Here Are Fabulous” Regarding Capital One’s Merger With Discover Financial

A smiling face of a customer as they make a deposit at this company’s branch.

Capital One Financial (NYSE:COF) provides a variety of banking and lending services, including credit cards, deposit accounts, auto loans, and commercial financing. Additionally, the company offers online banking, payment solutions, and financial advisory services.

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Disclosure: None.