Was Jim Cramer Right About Goldman Sachs Group (GS)?
From Yahoo Finance: 2025-05-04 18:16:00
Jim Cramer discussed stock ownership in the US, emphasizing its importance to millions of Americans. He challenged the notion that only the wealthy benefit from the stock market, pointing out that over 60% of Americans have exposure to it through 401Ks and IRAs. Cramer argued that stock ownership is not limited to rich individuals.
Cramer highlighted the tax advantages of stocks, stating that they serve as a form of social security for many Americans. He criticized affluent individuals who discourage others from investing in stocks while benefiting from these tax advantages themselves. Cramer emphasized that stock ownership is not exclusive to wealthy individuals.
The Goldman Sachs Group, Inc. (NYSE:GS) was featured in a technical analysis segment by Cramer and Dan Fitzpatrick, where they predicted more upside potential after a strong earnings report. Cramer’s analysis proved accurate as GS soared by 29.72% since the segment aired. He continues to advocate for GS, citing its attractive valuation.
GS ranks 3rd on a list of stocks mentioned by Cramer on Mad Money. While GS shows promise as an investment, there are AI stocks that may offer higher returns in a shorter time frame. Cramer’s Charitable Trust owns GS, and he views it as a compelling investment at its current valuation. Looking for a promising AI stock trading at less than 5 times earnings? Check out the report on the cheapest AI stock with great potential. No promotional information included, just facts and figures. Find out more about this opportunity and make an informed investment decision. No disclosures mentioned in the article.
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