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Few things match the joy of watching a stock you own outperform the market and make money. The tricky part is knowing how long to last before a scary correction occurs. Fortunately, investment expert Jim Cramer believes the top two stocks from 2024 will continue to be winners in 2025. Keep reading to find out what they are.
From humble beginnings in the stagecoach days of the Old West, this bank has grown to become one of the world’s leading financial institutions. The Federal Reserve views Wells Fargo as “too big to fail.” This speaks volumes for the size and scope of the bank, but has earned the bank additional scrutiny from regulators.
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Although a A profitable bankAs of 2018, Wells Fargo is limited by a “value cap” of $1.95 trillion. Asset Cap has been fined by the Federal Reserve for a high-profile scandal in which Wells Fargo employees created fake accounts for existing customers to generate additional payments. However, a recent article by Reuters suggests that the Federal Reserve may lift that ban by 2025.
Jim Cramer has heard the same thing and believes the rumor is true. When the subject of Wells Fargo came up at a recent investor club meeting, Cramer said, “The idea that this foolishness among managers could continue into 2025 is simply unimaginable.” Wells Fargo has done a lot in spite of its large presence in the movement. It is unlikely that lifting the ban will make any difference to the stock.
Also, the incoming Trump administration may take a more “hands-off” regulatory approach than the outgoing Biden administration. And that’s in Wells Fargo’s favor. Now may be the perfect time to buy some stocks and don’t forget that this stock has passive income potential. Benzinga’s assumptions And public filings show Wells is paying a solid 2.24% dividend on its $71.57 share price.
TJ Maxx operates in the retail sector, but Jim Cramer thinks it could benefit from the upcoming White House leadership change. Cramer believes Trump’s proposed tariffs on certain consumer products will increase prices at traditional retail outlets. That can push customers toward more affordable options, putting them right in the wheel of TJ Maxx.
The company has been one of America’s leading discount retailers for decades and holds a well-earned place in the hearts of bargain-minded shoppers. TJ Maxx gets those bargains by buying overstock products from retail stores at deep discounts. Unlike traditional retailers, where they must pass on the tariff to consumers, TJ Maxx purchases goods after the tariff is paid.
Retailers may attempt to circumvent the tariffs by over-ordering before Trump’s tariffs are implemented. That can translate into deep discounts for TJ Maxx customers and strong profits for TJ Maxx shareholders. During a recent earnings call, TJ Maxx CEO Ernie Herman told shareholders, “Manufacturers can bring in goods early. This can create supply at prices that are beneficial to us,” he said.
TJ Maxx has something else in common with Wells Fargo. is popular with Passive income investors Because it pays dividends. According to Benzinga’s latest estimates, TJ Maxx It is paying a dividend of 1.23 percent on a share price of $121.65. If you’re worried about the effects of tariffs on your favorite retail stocks, you might want to consider switching to TJ Maxx for additional gains in the discount sector.
Fluctuating interest rates have created an incredible opportunity for income investors to earn high yields, but not in dividend stocks… Certain private market real estate investments are giving retail investors the opportunity to take advantage of these high yield opportunities and gasoline. He identified that. Some very attractive options for you to consider.