Jim Cramer Is Bullish on Goldman Sachs (GS): “It’s the Way to Go”

Insider Monkey
9 hours ago

We recently published a list of Jim Cramer Put These 16 Stocks Under a Microscope. In this article, we are going to take a look at where Goldman Sachs (NYSE:GS) stands against other stocks that Jim Cramer discussed.

On Wednesday, Jim Cramer, the host of Mad Money, took to discussing how President Donald Trump’s influence shapes the market’s behavior.

“When you see a grizzly bear in Yellowstone National Park, you call a park ranger because these bears are dangerous… but the grizzlies turn into teddy bears when the rangers come, and you can’t even remember what you were so afraid of…. We can only presume that the president can turn the grizzlies on Wall Street into teddy bears with a stroke of a pen or even just a post on the social media platform he owns. I’ve never ever seen the market bend so readily to the wishes of one man. It’s extraordinary.”

READ ALSO: Jim Cramer Recently Talked About These 15 Stocks and 9 Stocks on Jim Cramer’s Radar.

Cramer also addressed the tensions between President Trump and Federal Reserve Chairman Jerome Powell. He highlighted how Powell was painted a “major loser” whose removal seemed inevitable in Trump’s eyes. Cramer noted that the President clarified he had no intention of firing Powell, which eased Wall Street’s concerns. When the name-calling between Trump and Powell stopped, Cramer observed that the stock market surged higher as investors were relieved that the possibility of a constitutional crisis was no longer a threat.

“Now, I want to say something here. I think it is actually, it’s beyond belief how easy it is for this one man to tame a bear, even if it’s a bear that he released on us in the first place.”

Cramer also pointed out that the President’s suggestion of a potential deal with China, while vague, was seen as an improvement and contributed to the market’s upward movement. He noted that for those hoping for higher stock prices, Trump’s actions seemed to have worked.

“Bottom line: That’s how powerful Trump has become on Wall Street. On days like today, it’s helpful, but for most of the year, it’s going the other way. Of course, you never know who he’ll target next. We don’t want any of the big CEOs to be trashed. That could hurt. The market doesn’t care if he goes after law firms or colleges, but going after the Central Bank, different story. Right now, Trump owns Wall Street and only he can decide if that’s going to be a good thing or a bad thing. I think it’s time to go all in on good.”

Our Methodology

For this article, we compiled a list of 16 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 23. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

The Goldman Sachs Group, Inc. (NYSE:GS)

Number of Hedge Fund Holders: 81

Cramer said that The Goldman Sachs Group, Inc. (NYSE:GS) “is the way to go,” as he remarked:

“… My Charitable Trust owns Goldman. When I’ve seen Goldman this cheap and I know how good they are, worked there at one time, I gotta tell you, I think Goldman, at 11.8 times earnings, is the way to go.”

Goldman Sachs (NYSE:GS) is a financial company recognized for its work in investment banking. It offers wealth management and a range of other financial services. Cramer mentioned the company during April 11’s episode as he discussed:

“Goldman’s by far the most controversial. Why? Because as an investment bank, its business can be pretty episodic. I think Goldman can do it because Goldman’s a changed firm, one that’s no longer gripped by the picaresque tradition of Wall Street. I bet CEO David Solomon can deliver on the top and bottom lines and the top because of trading, that used to be their forte, and the bottom because of rationalization of the bank’s table of employment. Basically, they can beat the numbers by firing a bunch of people, which they’ve been doing. It’s smart to do that. We’re in a different market.”

Overall, GS ranks 13th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of GS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GS but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10