TheStreet’s Jim Cramer is keeping an eye on Wells Fargo, JP Morgan and Johnson & Johnson as all three prepare to release quarterly results before the open Tuesday. He tells investors that they must listen to the conference calls because the headlines mean nothing. Here’s what to look for: Johnson & Johnson will tell you whether we care about the dollar as they are the most levered to a strong dollar and they could get hurt. Cramer says listen for acquisitions because they need to bolster some of their businesses. As for banking, Cramer says this should be the breakout quarter for JP Morgan. On the other hand, he doesn’t expect a good quarter for Wells Fargo. And that’s why, he says, investors should buy that the most heavily because WFC is thinking about 2016 and the idea that they own 33 percent of the mortgage business and they’d like to take that to 40 percent.
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