Jim Cramer on Banco Santander: “I Think It’s Paused Here as It Catches Its Breath”

That was Ana Botín. I deliberation the satellite of her. I cognize that the banal has had a large run. I deliberation it’s paused present arsenic it catches its breath. I don’t privation radical to merchantability it, and if it came backmost to $10, I’d archer radical to bargain it.

Photo by Anna Nekrashevich connected Pexels

Banco Santander, S.A. (NYSE:SAN) provides banking, financing, investment, and security services to individuals, businesses, and nationalist institutions. The institution offers lending, wealthiness management, payments, and integer banking. During the May 5 episode, a caller inquired whether Cramer was inactive bullish connected the banal and his thoughts connected the Webster Bank acquisition. The Mad Money big replied:

Not lone bash I similar the acquisition, but I thought it was truthful bully that I really wrote the president Ana Botín, saying that is immoderate franchise due to the fact that I owned it erstwhile I was a hedge money manager 20 years ago. Buy Banco Santander.

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