Jim Cramer's Cheap Thrills: JPMorgan Chase and Citigroup Under Scrutiny Jim Cramer, CNBC TV host known for his market calls, has again touted JPMorgan Chase & Co. (NYSE:JPM) as a remarkably cheap stock.
In his latest appearance on Squawk on the Street, he highlighted its undervalued status compared to the rest of the market. Recent second quarter earnings reports from JPMorgan Chase & Co.
(NYSE:JPM) were indeed impressive, with $58 billion in revenue beating analyst estimates by over $6. 5 billion. The bank's record profit of $21. 2 billion enabled an adjusted profit per share of $6.