15 Stocks on Jim Cramer’s Radar

5. JPMorgan Chase & Co. (NYSE:JPM)

Number of Hedge Fund Holdings: 120

JPMorgan Chase & Co. (NYSE:JPM)’s CEO Jamie Dimon created quite a bit of a stir recently when he remarked that he would like to remain in his position for five years. While the bank later clarified that the executive’s comments were a joke, the bank’s stature and role in the American and global economy meant that his comments generated a lot of chatter. In January, Truist raised JPMorgan Chase & Co. (NYSE:JPM)’s share price target to $334 from $331 and kept a Hold rating on the shares. The financial firm based the change on its expectation for the bank’s fiscal year 2026 earnings. It lifted the EPS estimate to $21.25 based on strong activity in JPMorgan Chase & Co. (NYSE:JPM)’s Markets business. Baird also hiked the share price target in January. Raising it to $280 from $260, the firm cited an updated financial model for the revision. Cramer commented on Dimon’s remarks and praised the JPMorgan Chase & Co. (NYSE:JPM) CEO:

“What do you do with the people in their 50s at JPMorgan? The people who built their whole career, they’re in the 50s and they thought they had a shot at CEO and now they’ll be too old when he retires in five years. That is not succession, you are not serious people.

“You have to understand that this isn’t Warren Buffett, this isn’t Berkshire Hathaway. There are people who are hoping to get the job. Now do I want Jamie to be that, look I think Jamie’s the best banker. . .you know what the secret of Jamie Dimon is? He knows your family. He’ll say look, you know, how’s your sister doing? Your father’s from the West side of Philli isn’t he? He has a touch that no one has, that I’ve ever seen. But the problem is, David, we do have a whole group of people who really want to have a shot, and then they have to go to Wells.”