TheStreet's Jim Cramer says he is looking at JPMorgan when the yield is at 3.25% and does not understand why investors are "throwing it away." But, Cramer says the execution at JPM was not that good. Wells Fargo's execution, on the other hand, is "terrific," says Cramer, but the stock is priced for perfection. Cramer thinks JPMorgan and Wells Fargo will come down, but the whole banking sector is now "for sale." However, Cramer warns that the bottom is not here, and investors should not bottom-fish.

If you liked this article you might like

This Is the Perfect Time to Buy Dividend Stocks

This Is the Perfect Time to Buy Dividend Stocks

Citigroup Gives CEO Corbat 48% Pay Raise as Profitability Misses Goal

Citigroup Gives CEO Corbat 48% Pay Raise as Profitability Misses Goal

Worst-In-Class Goldman Sachs CEO Blankfein Gets 9% Pay Raise

Worst-In-Class Goldman Sachs CEO Blankfein Gets 9% Pay Raise

Here's One Hint That S&P 500 Stocks Are a Screaming Buy

Here's One Hint That S&P 500 Stocks Are a Screaming Buy

Bitcoin Today: Prices Rally Ahead of Chinese New Year, Moody's Weighs in on Risk

Bitcoin Today: Prices Rally Ahead of Chinese New Year, Moody's Weighs in on Risk