Jim Cramer on Dow 25,000: This Rally Is Led by the Banks
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer was pleased that Thursday's Dow 25,000 milestone was lead by the banks and not inflationary stocks.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer was pleased that Thursday's Dow 25,000 milestone was lead by the banks and not inflationary stocks.
"The financials, which are between 14-16x earnings represent tremendous value," Cramer said.
JPMorgan Chase (JPM) - Get Report rose 1.3% while Citigroup (C) - Get Report rose 1.5% on Thursday morning.
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