Jim Cramer is Discussing These 10 Stocks Ahead of Q1 Earnings Season

3. Discover Financial Services (NYSE:DFS)

Number of Hedge Fund Investors: 69

When recently asked about Discover Financial Services (NYSE:DFS) during a program on CNBC, here is what Jim Cramer said:

“I’m betting that the Capital One merger is going to work. I know that there are a lot of people who this week said bad things about the merger. I’m sticking with Capital One, which means I’m sticking with DFS. I think the deal is going to occur. I could be wrong, but I believe that the likelihood is that it does.”

Turtle Creek Asset Management stated the following regarding Discover Financial Services (NYSE:DFS) in its Q4 2024 investor letter:

“Two other companies that contributed positively to the flagship fund’s returns during 2024 happened to be the two most disappointing for us in terms of decisions taken by boards: Discover Financial Services (NYSE:DFS) and Berry Global. We wrote about Discover Financial last quarter so we won’t rehash things here, but we believe the board suboptimized long term value for shareholders through a variety of actions over the prior year and a half. If you are interest ed in more detail you can read about it here. Nevertheless, their actions resulted in a higher share price in the short term which we took advantage of to exit the position.”