Why Jim Cramer Is Still Betting on the Financials

In the August Action Alerts PLUS members' call, Cramer discusses the portfolio's financial holdings and why he is still such a huge fan. Watch!
Author:
Publish date:

In the August Action Alerts PLUS members' call, Jim Cramer discusses why he still loves their financials stocks.

"Citigroup (C) - Get Report , JPMorgan (JPM) - Get Report and Goldman Sachs (GS) - Get Report are the cheapest three stocks in the portfolio," he said.

"That's why you will find Citi and Goldman in our Value Index located in our Investment Indices page," he said and encouraged members to use information as part of their research.

"Both JPMorgan and Citi are still paying depositors less than you would expect and they are lending out at higher rates that you realize unless you are taking a loan from them," he said.

So listen in as he talks about his relationship with former CEO and chairman Lloyd Blankfein and why they are not trimming any JPMorgan yet.


Do you want more exclusive investing insight from Cramer? Get 24/7 access to Jim's charitable-trust portfolio with a free trial to
Action Alerts PLUS! You can also watch all of Jim Cramer's New York Stock Exchange live shows on YouTube.