Jim Cramer Notes Capital One is Challenging Its “Old Highs”

Group 1 - Capital One Financial Corporation (NYSE:COF) is highlighted as a stock that is challenging its old highs, alongside American Express, indicating a positive market sentiment [1] - The company provides a range of banking and financial services, including credit cards, loans, deposit accounts, and commercial banking solutions [1] - The acquisition of Discover is noted as a strategic advantage for Capital One, making it cheaper for merchants to use their services compared to Visa or MasterCard [1] - Capital One's stock is currently trading at 10 times earnings, with approximately 160 million cards in circulation, contrasting with Block's 57 million Cash App users trading at 25 times earnings [1]