9 Stocks on Jim Cramer’s Radar

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

Number of Hedge Fund Holders: 123

On March 13, Cramer commented on JPMorgan Chase & Co. (NYSE:JPM) and said:

“Well, if you agree that the recession fears are overblown, then why not pick up some JPMorgan Chase, nation’s largest and best-run bank. It’s down almost 20% from its all-time highs in mid-February. JPMorgan could certainly get hit harder by a vicious economic slowdown but again, I’m not yet in the camp that expects such a drastic scenario. While there’s been some yellow flags in the economic data recently, these problems are self-made and they can go away with some steadier policy from the White House. Even if we don’t get that, a softer economy will give the Fed the green light to start cutting interest rates again and that will eventually bail you out.”

JPMorgan Chase & Co. (NYSE:JPM) provides a variety of financial services such as consumer banking, investment banking, lending, and asset management, serving individuals, small businesses, corporations, and institutional clients. Yesterday, on Squawk on the Street, Cramer commented:

“By the way, this very morning David, Mike Mayo, a showman from Wells Fargo, calls JPMorgan, the NVIDIA of banking! So this is the piece which bridges me from where we were yesterday.”

While we acknowledge the potential of JPMorgan Chase & Co. (NYSE:JPM) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JPM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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