Jim Cramer: I Like the Big Banks

Jim Cramer says the big banks like JP Morgan and Citigroup posted encouraging first quarter reports.
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The big banks like JP Morgan (JPM) - Get Report , Citigroup (C) - Get Report and Bank of America (BAC) - Get Report posted encouraging first quarter earnings reports, said TheStreet's Jim Cramer. He said the valuations on the money center banks are also low enough to make him recommend buying the sector.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.