Cramer: JP Morgan's stock is 'still best of breed' despite CEO's cautious remarks

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Jim Cramer backs the stock of J.P. Morgan Chase despite CEO Jamie Dimon's not-so-encouraging remarks about the global economy on the big bank's conference call.

 

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The thing about CEOs is not just to run and lead a company, it is also his fiduciary duty Not to hurt the company's stock price... Just look at the other two banks that reported results that were Not as good as jpmorgan... Their share prices were Up while JP dropped!

Screw the banks don’t really care. Would love to see there stock go down alot more.

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