TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer wants the bank stocks to move higher. 

"We got to get the banks to turnaround and it has to be lead by JPMorgan Chase (JPM) because JPMorgan or Wells Fargo (WFC) stand to make a lot of money in the Comcast (CMCSA) - Disney (DIS) battle for the Fox (FOXA) assets," Cramer noted.

Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!

More from Video

Canopy Growth CEO: Here's What the Future of Cannabis Looks Like for Investors

Canopy Growth CEO: Here's What the Future of Cannabis Looks Like for Investors

A Guide to Investing in the Fast-Emerging Cannabis Industry

A Guide to Investing in the Fast-Emerging Cannabis Industry

Canadian Pot Legalization Could Be A Fresh Tailwind for Cannabis Stocks

Canadian Pot Legalization Could Be A Fresh Tailwind for Cannabis Stocks

Striking Options: Earnings, Gold, & Nasdaq

Striking Options: Earnings, Gold, & Nasdaq

This Market is Comparable to Getting Into a 'Fist Fight'

This Market is Comparable to Getting Into a 'Fist Fight'