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Up In 2023 Despite the Bank Panic, Is Now the Time to Invest In Capital One?

Up In 2023 Despite the Bank Panic, Is Now the Time to Invest In Capital One?

After concerns over a bank run on Silicon Valley Bank, a chain reaction occurred that sent the industry into a panic. While most major banks are down for the year, Capital One (NYSE: COF) has been on the opposite path, and is up almost 15% year to date. Although it's been a decent year for Capital One so far, there's a lot of uncertainty in the economy that could make the rest of 2023 challenging.