Comments from Cramer Today:
Sometimes rumors are too good an idea to ignore, especially when it comes to bank acquisitions, “Mad Money” host Jim Cramer said Tuesday.
On Twitter, there has been recent talk that Regions Financial [RF 6.36 -0.04 (-0.62%) ] could be a buyout target and that Spanish bank BBVA [BBVA 6.25 -0.03 (-0.48%) ] might be unloading Compass.
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“So suddenly the Regions and BBVA rumors don’t seem all that farfetched, particularly when you have banks out there like BB&T that are in good shape and could make an acquisition to get the scale they need if our economy ever recovers.”