Jim Cramer Praises JPMorgan Chase & Co. (JPM)'s Work Culture

We recently published 10 Stocks Jim Cramer Discussed As He Talked About President Trump & Trillionaires. JPMorgan Chase & Co. (NYSE:JPM) is one of the stocks Jim Cramer recently discussed.

In his recent comments about JPMorgan Chase & Co. (NYSE:JPM), Cramer has discussed the firm’s valuation, heft, and role in financial markets. After their recent performance, which has seen the S&P’s bank stock index’s gain of 3.40% over the month outpace the broader index’s 1.79% in gains, Cramer has still maintained that the stocks are not trading at the multiples he would like them to. Two stocks that have factored into the discussion are JPMorgan Chase & Co. (NYSE:JPM) and Goldman Sachs. Cramer believes that for the former, a 15 times multiple is not where he would like the shares to trade at. This time, he discussed JPMorgan Chase & Co. (NYSE:JPM)’s culture and its CEO, Jamie Dimon:

“Well look, when I got out of school you didn’t apply to JPMorgan and that would be just terrific to. . .my friends who’ve work there just absolutely love it. People just, the culture is so fantastic there. And David you know, you saw Jamie Dimon talk to Leslie Picker, he’s different. He’s just different.

“The reach, the reach of JPMorgan is extraordinary.”

In his morning appearance on July 29th, Cramer shared the response he received after he mentioned that JPMorgan Chase & Co. (NYSE:JPM) could enter the stablecoin sector:

“I mean I said that maybe there’s a possibility that JPMorgan. . could do a stablecoin. And you know you get the usual emails which is like you don’t know what you’re talking about, it’s going to be much bigger.”

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.