TheStreet’s Jim Cramer and Stephanie Link bought shares of KeyBank at $7-8 and Cramer thinks the stock can get back up to its previous level of $35-40. Link says KeyBank delivered better-than-expected results throughout 2013 and can continue the theme in 2014. Jim Cramer is ‘annoyed’ by the U.S. Bancorp downgrade because the bank picked up some great branches recently and has historically been one of the best banks in the country. USB has a steady revenue stream which may result in a share buyback program or a large dividend.
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