Posted 1/4/2024, 9:22:39 PM
Cramer Bullish on JPMorgan, GM in 2024; Sees Fed Becoming Ally, EV Growth Ahead
- Jim Cramer has a bullish economic outlook for 2024, believes the Fed is no longer an enemy
- Recommends investing in JPMorgan Chase stock, expects continued growth and momentum
- Recommends GM stock, sees potential with EV focus and dividend increases
- Notes banks like JPMorgan benefitted from acquisitions of distressed assets
- GM aiming to manufacture 1 million EVs in North America by next year and cut costs