We recently published Jim Cramer’s Biggest Losers: 10 Stocks That Just Didn’t Work Out.
Capital One Financial Corporation (NYSE:COF) is one of the stocks discussed by Jim Cramer
Over the course of the past several months, Jim Cramer hasn’t been able to stop praising Capital One Financial Corporation (NYSE:COF). The CNBC TV host has been quite enthusiastic about the bank’s acquisition of Discover Financial. He believes that the deal will enable Capital One Financial Corporation (NYSE:COF) to vastly increase its operating scale and take on larger players, Visa and MasterCard.
The shares are down by 6% over the past year and by 17% year-to-date. They dipped by 1.5% on April 22nd after the firm reported its first quarter earnings on April 21st. The results saw Capital One Financial Corporation (NYSE:COF) post $15.23 billion in revenue, which missed analyst estimates of $15.36 billion and $4.42 in earnings per share, which missed estimates of $4.51.