Squawk on the Street Cramer's Morning Take: Capital One 6/2/25
Jun 2, 2025
Jim Cramer reveals why he's eager to buy shares in a major financial stock. Discussion pivots to Capital One's promising earnings outlook following its deal with Discover. The conversation also touches on anticipated stock buybacks stemming from stress tests. Additionally, an exciting healthcare partnership aimed at enhancing cancer treatment is unveiled, showcasing the market's varied reactions to these significant developments.
AI Snips
Chapters
Transcript
Episode notes
Buy Capital One Now
- Consider buying Capital One stock despite the current downturn in banks.
- The Discover deal and potential for earnings growth make it a strong buy opportunity.
Discover Deal Boosts Capital One
- Capital One's acquisition of Discover creates a closed loop system that could benefit merchants.
- This combination could drive capital return and increase earnings significantly.
Capital One Credit Strength and Advantage
- Capital One has maintained good credit quality without delinquencies in slowdowns.
- Their card's lower merchant fee at 2% versus Amex's 3% could attract more business.