Jim Cramer is generally positive on major banks post-earnings

CNBC's Jim Cramer on Wednesday reviewed major banks' earnings performance, saying he's pleased with the sector overall.

He gave his take on quarters from JPMorgan Chase, Wells Fargo, Citigroup, Bank of America, Goldman Sachs and Morgan Stanley.on Wednesday reviewed major banks' performance after the group released their reports en masse over the past several days. Cramer said he's pleased with earnings in the sector overall, even though some banks' shares slipped after their reports.

"When you go through the actual results from the big banks, they're pretty good," he said. "I feel much better about the group than I did last week, even if their stocks don't yet tell the story, and the market has gotten really hard."expectations even though shares sank after the report.

JPMorgan Chase, Wells Fargo, Citigroup, Bank of America, Goldman Sachs and Morgan Stanley did not immediately respond to request for comment.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

CNBC's Jim Cramer Updates Ranking of Major Media StocksCNBC's Jim Cramer updates his ranking of major media stocks, putting Fox at the top followed by Disney. He believes recent developments in the industry warrant a reassessment of the rankings.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Jim Cramer's top 10 things to watch in the stock market WednesdayStock futures move lower as investors await the Fed's latest rate decision and press conference.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »