Squawk on the Street Cramer's Morning Take: Capital One 4/2/25
Apr 2, 2025
Jim and Jeff dive into the recent positive momentum surrounding financial stocks, especially Capital One. They discuss a potential game-changing deal between Goldman Sachs and Capital One that could boost the latter's valuation. The conversation then shifts to the impact of upcoming tariff announcements on smaller businesses, celebrating their resilience and adaptability in challenging economic climates. Employment trends tied to these small enterprises also come under the spotlight, underscoring their vital role in the economy.
AI Snips
Chapters
Transcript
Episode notes
Market Reversal
- Real buyers sensed bargains despite negative futures, leading to a market reversal.
- This marks the second consecutive intraday reversal, with financials like Capital One and Goldman Sachs showing positive moves.
Capital One's Potential
- Capital One is an interesting stock due to a pending deal.
- If the deal closes, the stock could be worth $200.
Transitioning from Tech
- Consider transitioning investments out of tech into other sectors.
- Non-tech companies are being targeted for the charitable trust.