Jim Cramer: JPMorgan and Wells Fargo Deliver Strong Quarter

TheStreet's Jim Cramer says JP Morgan (JPM) delivered a picture perfect number.
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TheStreet's Jim Cramer says JP Morgan (JPM) delivered a picture perfect number. Whether it be investment banking, fixed income, the losses, Cramer says he loved every single line. He says the stock can go to $70 on the dividend boost. As for Wells Fargo (WFC), Cramer says the bank had a fantastic quarter even though people didn't like the net interest margin but that's what happens when you add deposits at the pace they are, he says. He advises investors to let that stock come in and then buy it hand over fist. Wells Fargo is a core holding in Jim Cramer's Action Alerts PLUS charitable trust portfolio.