Jim Cramer on Goldman Sachs: “That’s Worth Buying”

Group 1 - Goldman Sachs is positioned as a strong player in mergers and acquisitions, with a stock price that is relatively undervalued at 17 times earnings compared to the average S&P 500 stock [1] - The stock experienced a nearly 4% rally, indicating strong market interest and potential for further growth [1] - Goldman Sachs has shown a remarkable performance, with a 56% increase for the year, surpassing many tech stocks and demonstrating faster growth with lower risk [2] Group 2 - The company is involved in various financial services, including investment banking, asset and wealth management, and banking solutions [2] - The current market environment is characterized by a surge in IPOs and acquisitions, contributing to increased buying activity in bank stocks [2]