Jim Cramer Calls Goldman Sachs a “Favorite” of His

Group 1 - Goldman Sachs has seen a significant stock performance increase of 57% this year, outperforming other major banks like Morgan Stanley and JPMorgan, which are up 43% and almost 35% respectively [1][2] - The positive performance of Goldman Sachs is attributed to deregulation under the Trump administration, which has allowed investment banks to benefit from fewer restrictions on mergers and IPOs [1] - The company is noted for its rapid growth, potentially outpacing many tech stocks, while also carrying less risk compared to high-expectation tech investments [2] Group 2 - The financial services provided by Goldman Sachs include investment banking, asset and wealth management, and banking solutions, which have contributed to its strong stock performance [2] - There is a notable increase in IPOs and acquisitions, leading to heightened demand for bank stocks, including Goldman Sachs [2]