Jim Cramer Says “Goldman Shouldn’t Do Something That Isn’t Exactly What is Right in Their Sweet Spot”

The Goldman Sachs Group, Inc. (NYSE:GS) is one of the stocks Jim Cramer recently shed light on. When a caller inquired as to why the company is acquiring a majority stake in talent agency Excel Sports Management, Cramer commented: “You know, I wasn’t crazy about that. It’s funny you mentioned that because someone asked me about it the other day…. Why are they buying it? I said, you know what, I gotta tell you, it didn’t make a lot of sense to me. The stock reversed horribly today. It was up really nice at ...