Big banks are cheap and have merger potential.
Cramer argues that big banks are cheap compared to the S&P 500, with lower P/E multiples and solid earnings growth. He also expects bank mergers to be approved by the administration, which could be a catalyst. He mentions several banks by name: Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, Wells Fargo, and JP Morgan.
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CNBC
Apr 15, 23:49