Analysts predict Santander's geographic diversification will be advantageous as interest rates drop this year. They also foresee the bank's 2024 guidance aligning with strategic plan targets. Despite the Argentine peso's devaluation, Barclays Capital analysts expect the bank's net profit to remain unaffected due to hedges, with a stable CET1 ratio of 12.3% by year's end.
On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended buying Banco Santander, S.A.$桑坦德銀行(SAN.US)$. "The stock is breaking out. The Brazilian market is terrific. They are crushing it in Mexico," he added. When asked about The Kroger Co.$克羅格(KR.US)$, Cramer said, "I think the government’s going to block that merger [with Albertsons Companies Inc$艾伯森(ACI.US)$." The pending deal be...
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