Goldman Sachs Group, Inc. (NYSE: GS) is highlighted by Jim Cramer for its strong performance as an investment bank. Deregulation under the Trump administration has led to significant gains for investment banks like Goldman Sachs, up 57% this year. Other banks like Morgan Stanley and JPMorgan have also seen substantial growth.

Goldman Sachs (NYSE: GS) offers financial services such as investment banking and wealth management. Cramer points out the company’s impressive stock performance, up 56% for the year, surpassing many tech stocks. The positive outlook is fueled by numerous IPOs and acquisitions driving bank stock purchases.

Although Goldman Sachs (GS) shows promise as an investment, AI stocks may offer higher potential returns with less risk. For those seeking undervalued AI stocks with growth potential, consider exploring options beyond traditional investment choices.

Investors interested in potential growth should explore AI stocks beyond Goldman Sachs (GS). Discover AI stocks with significant upside potential and minimal downside risk in our free report on the best short-term AI stock.

Read more at Yahoo Finance: Jim Cramer Calls Goldman Sachs a “Favorite” of His