Jim Cramer’s Surprised About US Travel As He Discusses These 18 Stocks

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8. Capital One Financial Corporation (NYSE:COF)

Number of Hedge Fund Holders In Q4 2024: 89

Capital One Financial Corporation (NYSE:COF) is a major American regional bank that has been in the news this month due to its acquisition of Discoer Financial receiving the go-ahead from the Federal Reserve and the OCC. Ahead of the approval, Cramer had predicted that the deal would go through. After it was approved, he pointed out the potential of the new entity. Here are his latest thoughts about Capital One Financial Corporation (NYSE:COF):

“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.”

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