---
title: "Jim Cramer: ‘Regional Banks Have Been A Fantastic Place To Be’"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293612752.md"
description: "Jim Cramer advises against investing in IonQ and SolarEdge due to challenges posed by rising interest rates, noting these sectors are tough to navigate currently. Conversely, he highlights regional banks as a strong investment area, specifically recommending KeyCorp and Independent Bank Corporation following positive analyst upgrades."
datetime: "2026-07-23T11:54:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293612752.md)
  - [en](https://longbridge.com/en/news/293612752.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293612752.md)
---

# Jim Cramer: ‘Regional Banks Have Been A Fantastic Place To Be’

On CNBC’s “Mad Money Lightning Round,” **Jim Cramer** said he is going to “steer clear” of **IonQ, Inc.** (NYSE:IONQ).

When rates go higher, these stocks are very tough to own, he explained.

IonQ, on May 6, reported first-quarter revenue of $64.67 million, beating analyst estimates of $49.73 million. The quantum company posted a first-quarter adjusted loss of 34 cents per share, beating estimates for a loss of 35 cents per share, according to Benzinga Pro.

“It’s a very competitive market. I don’t want to be there,” Cramer said when asked about **Figma, Inc.** (NYSE:FIG).

On the earnings front, Figma said it will release its second-quarter financial results after the closing bell on Wednesday, Aug. 5.

When asked about **SolarEdge Technologies, Inc**. (NASDAQ:SEDG), he said, “The solar stocks are not doing that well right now, and unless you have some earnings to go on, with higher rates, it’s really tough to make some money in the solar situation right now.”

TD Cowen analyst Jeff Osborne, on Monday, maintained SolarEdge with a Buy and lowered the price target from $85 to $75.

“The regional banks have been a fantastic place to be,” Cramer said when asked about **Independent Bank Corporation** (NASDAQ:IBCP). He recommends taking a look at **KeyCorp** (NYSE:KEY).

Hovde Group analyst Brendan Nosal, on July 10, upgraded Independent Bank from Market Perform to Outperform and raised the price target from $36 to $41.

## **Price Action**

-   Figma shares fell 2.1% to settle at $21.47 on Wednesday.
-   Solaredge shares dipped 4.8% to close at $47.88 during the session.
-   IonQ shares fell 2.3% to settle at $34.68 on Wednesday.
-   Independent Bank shares declined 1.3% to close at $36.01.

**Read Also: Stock Market Today: Dow Jones, S&P 500 Futures Slip As GOOGL, Elon Musk's TSLA Drag After Q2 Earnings**

_Photo via Shutterstock_

### Related Stocks

- [KEY.US](https://longbridge.com/en/quote/KEY.US.md)
- [IONQ.US](https://longbridge.com/en/quote/IONQ.US.md)
- [IBCP.US](https://longbridge.com/en/quote/IBCP.US.md)
- [SEDG.US](https://longbridge.com/en/quote/SEDG.US.md)
- [IONL.US](https://longbridge.com/en/quote/IONL.US.md)
- [IONZ.US](https://longbridge.com/en/quote/IONZ.US.md)
- [IONX.US](https://longbridge.com/en/quote/IONX.US.md)
- [IOYY.US](https://longbridge.com/en/quote/IOYY.US.md)

## Related News & Research

- [Encore Global Management LP Invests $577,000 in IonQ, Inc. $IONQ](https://longbridge.com/en/news/294174512.md)
- [IonQ Secures Final Approval for SkyWater Acquisition as Wall Street Sees 104% Upside](https://longbridge.com/en/news/294193000.md)
- [Lombard Odier Asset Management Switzerland SA Purchases New Holdings in KeyCorp $KEY](https://longbridge.com/en/news/294041333.md)
- [IonQ wins regulatory clearance for SkyWater Technology acquisition](https://longbridge.com/en/news/294114732.md)
- [KeyCorp Chief Risk Officer Mohit Ramani disposes of 25,000 common shares for $568,500](https://longbridge.com/en/news/293793202.md)