Jim Cramer’s Game Plan: 12 Stocks in Focus This Week

7. U.S. Bancorp (NYSE:USB)

Number of Hedge Fund Holders: 46

During Friday’s episode, Cramer mentioned U.S. Bancorp (NYSE:USB) and commented:

“Thursday we have more of the same. This time, Bank of America, U.S. Bancorp, Morgan Stanley, and PNC Financial. I actually expect all these to be good too.”

U.S. Bancorp (NYSE:USB) is a financial services holding company offering a wide range of products, including depository services, lending options, credit card services, asset management, insurance, investment products, and corporate services. Management expects net interest income for 2024 to be at the higher end of the previously estimated range of $16.1 billion to $16.4 billion, indicating stability in the fourth quarter relative to the third.

For the full year, the company forecasts mid-single-digit growth in non-interest income, though it may fall at the lower end of the range. Additionally, U.S. Bancorp (NYSE:USB) expects adjusted non-interest expenses for the year to total $16.8 billion. While no formal guidance has been provided for 2025, management has indicated that the company expects continued positive operating leverage moving forward.