Capital One Financial (COF)'s Discover Acquisition Might Have Been Challenged By Biden Admin, Says Jim Cramer

We recently published Jim Cramer Discusses These 12 Stocks & Says Trump’s Winning. Capital One Financial Corporation (NYSE:COF) is one of the stocks Jim Cramer recently discussed.

Capital One Financial Corporation (NYSE:COF) is a sizable American bank that scored a major win in 2025 after all regulators cleared the firm’s acquisition of Discover Financial. Cramer has discussed the deal several times in 2025. In all his discussions, the CNBC host has remained optimistic about the deal and commented that the new entity can very well take on US payment giants Mastercard and Visa. Capital One Financial Corporation (NYSE:COF)’s shares have gained 22% year-to-date on the back of tailwinds generated by the deal. This time, he commented on whether the former Biden administration would have let the deal go through:

“Now um, we have a Cox deal with Charter. I think that the, no I know at the last minute, the Biden administration would have challenged the Discover-Capital One deal because those are two lower-end credit companies getting together. And they would have I think waited right to the end.”

Cramer also recently discussed Capital One Financial Corporation (NYSE:COF) in the context of other banking giants:

“It also bodes well for the banks, any banks, including Bank of America, Wells Fargo, and my favorite right now is Capital One. Now that Capital One has merged with Discover, its stock has the potential to keep climbing because it’s put together a credit card powerhouse. And I know it’s up a lot, but it can go higher.”

While we acknowledge the potential of COF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.