Skip to main content

Jim Cramer Explains How to Trade the Banks Post-Earnings

Publish date:
Video Duration:

Curious about getting into the financial sector?

We got earnings from the majority of the big banks earlier this week. 

That includes Bank of America (BAC) - Get Bank of America Corporation Report , Wells Fargo (WFC) - Get Wells Fargo & Company Report , Goldman Sachs (GS) - Get Goldman Sachs Group Inc. (The) Report , JPMorgan Chase (JPM) - Get JP Morgan Chase & Co. Report , and Citigroup (C) - Get Citigroup Inc. Report .

And, now that we're on the other side of earnings, investors may be wondering when it's time to get into the financial sector. 

Is now the time? Here's what Jim Cramer had to say. 

"You know, typically we have an overhang that goes up and then we had this wait three days. They'll be in there buying JP Morgan will be buying. Goldman Sachs will be buying. Citi will be buying aggressively. So I liked the group very much. Those are the three that we own for Action Alerts PLUS," explained Cramer. 

More from Jim Cramer Today

Full Replay: Big Tech and CSX Get Railroaded: Jim Cramer on What it Means for the Markets

How Can a Stock Gain on Missed Earnings Expectations?

Jim Cramer: What CSX Earnings Tell Investors About the U.S. Economy

Capitol Hill Is Putting Its Fangs Into Big Tech and Jim Cramer Is Worried

Apollo 11: Test Your Memory With TheStreet Trivia

Related Videos