Jim Cramer says JPMorgan will be the first bank to hit $1 trillion valuation
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Former hedge fund manager Jim Cramer is betting big on JPMorgan. On Tuesday, Jim told investors on CNBC that he sees the bank as the first non-tech company to cross the $1 trillion market cap line. Right now, JPMorgan’s value is around $850 billion, but Jim thinks that’s just the beginning. He said, “JPMorgan’s got something special. It excels at so many things: lending, capital markets, trading, and perhaps most important, statesmanship, with CEO Jamie Dimon performing at a level that’s rare for any industry.” Jim added that: “JP Morgan has always been a top-quality bank, but it’s now become a fantastic place to work, and its global reach is unmatched. There’s a reason its market cap is so much bigger than the other major banks.” Banks push into trillion-dollar territory as sector rallies Jim made it clear this kind of growth isn’t easy. Only Berkshire Hathaway has made it to $1 trillion outside of tech, and it’s sitting just above that line at $1.05 trillion. Meanwhile, tech is bloated with trillion-dollar beasts. Nvidia is at $4.25 trillion, Microsoft at $3.78 trillion, Apple at $3.35 trillion, Alphabet at $3.04 trillion, Amazon at $2.50 trillion, Meta at $1.96 trillion, Broadcom at $1.70 trillion, and Tesla at $1.36 trillion. The bank isn’t just catching up in value, it’s pushing forward in performance too. JPMorgan just hit a new 52-week high on Tuesday and ended the day slightly up, rising 0.09%. So far this year, the stock has jumped 28.99%. That’s a hell of a move for a sector that’s usually ignored when tech is popping. Jim used a metaphor that works: JPMorgan is like “a horse that’s bided its time but is now at the far turn.” He sees the bank entering a new stretch of momentum, with the rest of the…
Filed under: News - @ September 17, 2025 12:27 am