Jim Cramer Recently Shed Light on These 9 Stocks

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

Number of Hedge Fund Holders: 123

Cramer highlighted that JPMorgan Chase & Co. (NYSE:JPM) is among those banking stocks that rose recently and said:

“And there’s the banking cycle. Now that’s en fuego, it’s smoking. I mean, it’s crazy. The lack of Democratic regulatory headwind and the slower rate cut cycle, good for them. Wells Fargo, Goldman Sachs, JPMorgan screaming higher. Doesn’t hurt that the whole industry seems very confident that the Trump regulators will be more bank-friendly than the Biden regulators. Well, no kidding, who wouldn’t be?”

JPMorgan Chase (NYSE:JPM) offers a wide range of financial services, including consumer banking, investment banking, lending, and asset management, catering to individuals, small businesses, corporations, and institutional clients. The company recently reported a strong performance in the fourth quarter of 2024, with net income reaching $14.0 billion, or $4.81 per share.

For the full year 2024, JPMorgan Chase (NYSE:JPM) achieved a record net income of $58.5 billion, or $19.75 per share. Excluding significant items, the company’s net income for the year stood at $54.0 billion, or $18.22 per share.