Jim Cramer - Mad Money
Cullen/Frost Bankers, Inc.
CFR-N
WATCH
Mar 13, 2023
Hit a 52-week low today amid all regional banks tanking in the aftermath of the SVB collapse. Are we throwing out the baby with the bathwater? It's now the time (yet) to wade into the regionals, but they are worth taking a look. CFR is the top banker in San Antonio/Corpus Christi and has weathered 155 years. Four months ago, this was making all-time highs with strong exposure to the thriving oil business.
The #1 bank in San Antonio-Corpus Christi. The regional banks make more money when the Fed starts tightening. CFR is already in great shape. Last week, shares surged 4%. It has more room to run.
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Hit a 52-week low today amid all regional banks tanking in the aftermath of the SVB collapse. Are we throwing out the baby with the bathwater? It's now the time (yet) to wade into the regionals, but they are worth taking a look. CFR is the top banker in San Antonio/Corpus Christi and has weathered 155 years. Four months ago, this was making all-time highs with strong exposure to the thriving oil business.