During an episode, Jim Cramer recommended buying Goldman Sachs (NYSE: GS), highlighting its involvement in the booming IPO market. The stock was down, making it a good buy according to Cramer’s analysis. Goldman Sachs offers financial advisory, lending, and investment services, with wealth management being a significant focus.

Cramer also noted that Goldman Sachs recently announced a 33% dividend boost, making its stock more attractive to investors. While the stock yields 2.23%, it trades at 2.22 times book value, positioning it as a valuable investment opportunity. Cramer praised Goldman Sachs, JPMorgan, and Morgan Stanley for their valuable franchises in the banking industry.

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Read more at Yahoo Finance: Jim Cramer Recommends Buying Goldman Sachs