We're adding to our position in a consumer bank that benefits from lower oil prices

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We're adding to our position in a consumer bank that benefits from lower oil prices

We are buying 65 shares of Capital One at roughly $193.81. Following the trade, Jim Cramer's Charitable Trust will own 675 shares of COF, increasing its weight in the portfolio to about 3.25% from …

We are buying 65 shares of Capital One at roughly $193.81. Following the trade, Jim Cramer's Charitable Trust will own 675 shares of COF, increasing its weight in the portfolio to about 3.25% from 2.9%. Oil prices are down about 5% on Monday after the U.S. and Iran agreed on a plan to end the war and reopen the Strait of Hormuz. We're looking to add to some positions that will benefit from the end of the conflict and drop in energy prices. Capital One is one of them. …

Original source: CNBC Top News

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United States · Jim Cramer · Hormuz