“Let it go Down,” Says Jim Cramer on Capital One (COF)

Core Viewpoint - Capital One Financial Corporation (NYSE:COF) is currently in the spotlight due to President Trump's proposal to cap credit card interest rates and its recent acquisition of Brex, a corporate card issuer, which has led to mixed reactions from analysts regarding its impact on the company's stock price. Group 1: Recent Developments - President Trump's suggestion to cap credit card interest rates has brought attention to Capital One Financial Corporation [2] - The company announced the acquisition of Brex, which has been described as a significant move to compete directly with American Express [2] - Analysts from BTIG and Wolfe Research have adjusted their price targets for Capital One, citing concerns over earnings dilution and increased marketing and operating expenses following the acquisition [2] Group 2: Analyst Commentary - Jim Cramer praised the Brex acquisition during a conference call, emphasizing the potential of the company and encouraging investors to hold onto their shares despite recent stock price declines [2] - Cramer noted that the CEO Richard Fairbank provided valuable insights into the credit card industry during the call, while also being dismissive of the President's comments [2] - RGA Investment Advisors has added shares of Capital One to their portfolios, highlighting the company's strong digital presence and user experience stemming from past acquisitions [3][4]