Jim Cramer on Banco Bradesco: "I Don't Want to Be Connected With Brazil"

Banco Bradesco S.A. (NYSE:BBD) is one of the stocks Jim Cramer recently discussed. When a caller expressed their intention to invest further in the stock, Cramer commented:

“Banco Bradesco, I’ll tell you, I don’t want to be connected with Brazil. It’s had a big run. Can I just substitute, if you don’t mind, and say if you want an overseas bank, I think you should be in Santander. Now, it just hit an all-time, you know, 52-week high again. Doesn’t have as good a yield, but it is crushing it, and it’s the biggest bank in Europe. I think Santander is a little bit better. I don’t want to be connected with Brazil. I really want to be connected with Spain.”

Banco Bradesco S.A. (NYSE:BBD) provides banking, insurance, investment, and financial services for individuals and businesses. The company’s products include loans, credit cards, insurance plans, pension solutions, and foreign exchange services.

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