10 Stocks on Jim Cramer and Wall Street’s Radar

7. Capital One Financial Corporation (NYSE:COF)

Average Price Target Upside: 29.64%

Number of Hedge Fund Holders: 89

Capital One Financial Corporation (NYSE:COF) popped up on Cramer’s and Wall Street’s radar and in January, earned a bullish comment from Cramer when he stated:

“Now let me tell you a funny thing here. Capital One is actually my favorite. I put it in the bullpen so to speak. I’m thinking about buying it because of the Discover, you know, because of this Discover merger, which is gonna be so bullish, and because I don’t think there will be usury fees. So I want to go against what the president’s musing was right there and buy Capital One, COF, a really well run, really, really well run credit card, credit card company.”

Capital One Financial (NYSE:COF) is a financial services holding company that provides a range of products, such as credit cards, loans, and banking services, as well as advisory and capital markets solutions.

On February 27, Keefe Bruyette analyst Sanjay Sakhrani noted that the Consumer Financial Protection Bureau’s decision to drop its enforcement action against Capital One is an additional positive for the upcoming Discover deal. Keefe assigned an Outperform rating to Capital One Financial (NYSE:COF), with a price target of $232.