JPMorgan (JPM) - Get Free Report and Goldman Sachs (GS) - Get Free Report led the banks in reporting earnings with results from Morgan Stanley (MS) - Get Free Report, Citigroup (C) - Get Free Report, Wells Fargo (WFC) - Get Free Report and more expected later this week.
JPMorgan reported earnings per share of $3.78, up 174% from the same period last year and exceeding the consensus forecast of $3.18 per share. Revenue of $31.4 billion also surpassed analysts' estimates of $29.9 billion.
In the video above, Jim Cramer said that Goldman Sachs is the stock to buy out of the two names, but you'll want to wait before you pull the trigger.
Recap TheStreet Live: Everything Jim Cramer Is Watching 7/13/21