“There’s No Greater Bank” Than JPMorgan Chase & Co. (JPM), Says Jim Cramer

We recently published 15 Stocks Jim Cramer Discussed As He Said CEOs Were Afraid Of Hiring. JPMorgan Chase & Co. (NYSE:JPM) is one of the stocks Jim Cramer recently discussed.

Despite the fact that it is one of the largest banks in the world and a key pillar of the US and the global financial system, Cramer doesn’t frequently discuss JPMorgan Chase & Co. (NYSE:JPM). The bank’s shares have gained 22% year-to-date as a rise in trading activity has helped the firm’s bottom line. For instance, JPMorgan Chase & Co. (NYSE:JPM)’s second-quarter earnings saw the firm raise its 2025 net interest income forecast by $1 billion and mark a 7% investment banking fee growth to $2.5 billion. Cramer discussed JPMorgan Chase & Co. (NYSE:JPM) after he discussed Goldman Sachs and commented that the latter was trading at a 15 times earnings multiple despite being a “premier investing house in the world.” Here is what he said:

“I mean, okay sorry Jamie, because Jamie’s unbelievable. I mean, let’s take a look. This is a good example of what I’m talking about a stock that should not be where it is. JPMorgan, it sells at 15 times earnings. There’s no greater bank in the world than this bank.”

Copyright: yuliufu / 123RF Stock Photo

Previously, the CNBC TV host commented on whether JPMorgan Chase & Co. (NYSE:JPM) could enter the stablecoin sector:

“I mean I said that maybe there’s a possibility that JPMorgan. . could do a stablecoin. And you know you get the usual emails which is like you don’t know what you’re talking about, it’s going to be much bigger.”

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Disclosure: None. This article is originally published at Insider Monkey.