I'm Jim Kramer and you're about to hear a sample taken directly from today's CBC Investing Club morning meeting.

Mention the officer that's good and let's talk about Capital One, which was an overbought stock coming into the quarter of the day before it been bent.

There are multiple reasons why Capital One is down.

One of course is the president just taking, you know, cards. I mean, he's taking on Jamie Diamond. Could he take you on them next? They were very dismissive of the president without using his name. Two, they did not make the numbers. I get that. They weren't really involved with that. And three, I think a lot of people didn't even know what company they bought, this company Brex. Once you get into the conference school, you feel pretty darn confident that this stock could go up dramatically. Yeah, they're re-rating. Yeah, they're buying Brex $5.15 billion, half cash, half stock. They offer business credit cards, management software, and banking as an integrated platform. They cater a lot to fast-growing tech startups.

Yeah, they drop it. A lot of those tech startups are now huge companies. So some clients include

Anthropic, Coinbase, TikTok, Robin Hood, CrowdStrike, DoorDash. But the big thing here is

that this deal is going to make them more competitive in the corporate card space and area where they haven't had a big presence and it makes their business model

align even more like American Express.

Of course, the Discover deal last year, that was the big first step.

This is a smaller one, but still, in terms of Discover synergies on track, debit volumes almost fully moved over.

They bought back $2.5 billion of stock.

They're committed to buying back stock for certain.

Yep.

They said the Brex Deal won't impact future buybacks.

But, you know, I would say $2.5, maybe that's going to be the average amount per quarter.

And yeah, so why is it down?

It was an EPS miss, operating expenses, a little

higher than expected. They are, you know, really investing because they, if you listen to the call,

Richard Fairbank just talks about all these growth opportunities that he sees. So he's going

after that. I knew that people would sell it because they don't understand Richard's vision.

I've been following Richard for many years when he thinks he has it, when he went upscale,

when he thinks he has it, when he's got the really good points program, you get long,

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