Jim Cramer Is Watching JPMorgan Chase’s Quarterly Results on Thursday

TheStreet’s Jim Cramer is keeping an eye on JPMorgan Chase’s financial results, which are released before the markets open on Thursday.
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TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer is keeping an eye on JPMorgan Chase’s (JPM) financial results, which are released before the markets open on Thursday. Analysts expect the bank to report earnings per share of $1.27 on sales of $22.94 billion. ‘I happen to think that the banks really only trade off of net interest margin and if the Federal Reserve raises rates four times, they’re screaming buys,’ Cramer said. But amid investor angst over weaker economic growth out of China, Cramer points to Real Money’s James Passeri, who wrote a piece on which banks have the most exposure to China. Passeri found that Citi (C) has the biggest exposure to China of the four big banks, followed by JPMorgan.