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Jim Cramer Says Buy Goldman Sachs Stock, But Wait 2 More Days

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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.

Watch: 4 Things Jim Cramer Wants to Hear When the Big Banks Report Earnings

JPMorgan Chase

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.

Goldman Sachs

Goldman Sachs blew away analyst estimates with earnings per share of $15.02 on revenue of $15.4 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. 

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