The Goldman Sachs Group, Inc. (NYSE:GS) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer noted the “multiple reasons” to own the stock, as he said:
How about this Goldman Sachs? Alright, there are multiple reasons to own this stock once you think the coast is clear. I know there’s plenty of money there that could be destined for takeovers now. I think there’ll be a rush of deals as this administration is incredibly pro-deal-making. They never met a merger they didn’t like unless it involves the President’s political enemies, that is. And it represents a lot of advisory business for the investment banks. Now, Goldman reports next week. I think it should be a good one, as we told members of the CNBC Investing Club. We’ve owned the stock for a long time.
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The Goldman Sachs Group, Inc. (NYSE:GS) provides financial services, including investment banking, asset and wealth management, and banking solutions. A caller asked about the stock during the March 2 episode, and Cramer replied:
Do you know, Jeff Marks and I were both marveling about how ridiculously the stock was down. It’s 15 times earnings. My friend, Lloyd Blankfein, in a very good book, Streetwise, talks about exactly why the company’s valued as it is. I think it’s way too cheap.
While we acknowledge the potential of GS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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