Amid worries that China’s economy may be slowing, bank stocks sold off on Thursday. But Cramer thinks the bank stocks could come back around soon.
When it comes to bank stocks, the “Mad Money” host said he prefers the regional banks because they are best positioned to take advantage of the bottom in housing, as well as the rebound in commercial construction and uptick in hiring in general.
Upon looking at the banking sector, Cramer deemed First Horizon National’s stock to be a “steal” right now. To learn more about the company and its future prospects, he spoke with CEO Bryan Jordan. Check out the video to see the full interview.
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