Texas Capital Bancshares, Inc. (NASDAQ:TCBI) is one of the stocks Jim Cramer talked about recently. Cramer noted the stock’s noteworthy performance during the episode, as he stated:
“The bank stocks have finally come into their own. That includes the regionals. Take Texas Capital Bancshares, that’s the parent of Texas Capital Bank… the stock is up 23% in just the past two months. In January of 2021, Rob Holmes took over as CEO after a three-decade stint at JPMorgan Chase. He pushed through an ambitious turnaround plan to transform Texas Capital into a full-service financial firm that does more than just commercial banking. Since then, get this, the stock’s up nearly 43%, trouncing the 16% gain you would’ve gotten from the State Street SPDR Regional Banking ETF. Plus, when the company reported in October, the results were phenomenal.”
Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels
Texas Capital Bancshares, Inc. (NASDAQ:TCBI) provides commercial and consumer banking, investment banking, and wealth management services. The company offers lending, deposit, treasury, capital markets, and advisory solutions.
While we acknowledge the potential of TCBI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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