Jim Cramer Discussed 10 Stocks Leading the Dow Higher in 2025

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

Number of Hedge Fund Holders: 105

As one of the list of stocks that have led the Dow higher in 2025, Cramer noted that JPMorgan Chase & Co. (NYSE:JPM) took second place and said:

“Now, second. Second, there’s JPMorgan. JPMorgan stock is way too cheap, people, at 14 times earnings. This is the premier bank of our time, for heaven’s sake. JPMorgan has been, it’s got the biggest M&A… and IPO businesses. It’s got lending, it does everything. When you put it all together, it does very, very well in a slow-rate-cut environment.

Exactly what we have now. I think JPMorgan could trade up to more than 20 times earnings. Now, of course, there are other banks that have single big practices. Goldman has the biggest M&A, stay with me on that. But when you put them all together, it’s JPMorgan and to get that for 14 times earnings makes no sense in the world to me.”

JPMorgan Chase & Co. (NYSE:JPM) is a worldwide financial services firm providing a variety of offerings, including deposit services, loans, investment banking, and wealth management.