Jim Cramer - Mad Money
JP Morgan Chase & Co
JPM-N
BUY
Jul 16, 2025
Just reported a clean top and bottom line beat. Loan loss provisions were lower than expected. Net interest income came in light. All businesses performed well, including commercial/investment banking beat handily while wealth management was in line. They raised full-year net interest income forecast by $1 billion. The CEO did cite risks from tariffs.
Could buy a dividend stock that's down, but there's no indication that that's a precondition for success. This one's at fresh all-time highs, and that's what good companies do over time. "Buy high, sell higher" is a better mantra than "buy low, sell high".
Stable performance and gaining market share in the financial sector. Core holding. Tough to bet against Jamie Dimon. Taking market share from close competitors. Market cap approaching $1T, more than double its closest competitors. Buy today, hold long term.
Its reaping the rewards over the years is paying off. Bank of America hasn't had a big windfall or payday and is trying to emulate JP Morgan. He advised the caller to stick with Bank of America relative to JP Morgan and Wells Fargo.
It is a leader with a dominant position and a good management team that knows what they are doing. It is always expensive and others have a cheaper valuation but this is a core holding.
Just reported a clean top and bottom line beat. Loan loss provisions were lower than expected. Net interest income came in light. All businesses performed well, including commercial/investment banking beat handily while wealth management was in line. They raised full-year net interest income forecast by $1 billion. The CEO did cite risks from tariffs.