Cramer's Stop Trading! JP Morgan Flies Solo (Well...Almost) (10/14/09)

Stocks discussed on Jim Cramer's Stop Trading! TV segment, Wednesday October 14.

JP Morgan (JPM), Goldman Sachs (GS)

Cramer dismissed bearish comments about JP Morgan following "monster beat;" critics were concerned about potential loan and credit card losses. "JP Morgan has the market to itself right now," he said, "along with Goldman Sachs." The collapse of Bear Stearns and Lehman Brothers (LEHMQ.PK) eliminated competition. Cramer expects to see a hike in JP Morgan's dividend, which was cut last February.

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Comments

[alexander j...:]

Cramer knows nothing

Oct 16 04:52 AM