Jim Cramer Discusses These 7 Stocks & Is Sick And Tired Of Negativity

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

Number of Hedge Fund Holders In Q4 2024: 123

JPMorgan Chase & Co. (NYSE:JPM) is the world’s largest private bank in terms of assets. Its shares are up by 20% over the past year and are flat year-to-date. March has been a particularly tough month for the bank as its shares have lost 10% so far. JPMorgan Chase & Co. (NYSE:JPM)’s stock has fallen along with its peers due to recessionary worries plaguing investors’ minds. Banks typically do not perform well in a recession as the demand for their loans drops and the chance of borrowers defaulting increases. Here’s what Cramer said about JPMorgan Chase & Co. (NYSE:JPM):

“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.”