15 Stocks Jim Cramer Discussed As He Said CEOs Were Afraid Of Hiring

13. The Goldman Sachs Group, Inc. (NYSE:GS)

Number of Hedge Fund Holders In Q2 2025: 73

Over the course of the past couple of weeks, Cramer has started to regularly discuss The Goldman Sachs Group, Inc. (NYSE:GS). He believes that the bank is a proxy for the stock market and stands to benefit from increased mergers and acquisitions and IPO activity. The Goldman Sachs Group, Inc. (NYSE:GS)’s shares have gained 29% year-to-date as the firm has benefited from more deal-making. The upward trend in the stock has come as increased markets activity has seen the bank continuously top analyst earnings estimates. During its second quarter, The Goldman Sachs Group, Inc. (NYSE:GS)’s $14.58 billion in revenue beat analyst estimates of $13.47 billion while its earnings-per-share of $10.91 also topped estimates of $9.53. Yet, despite the fact that the shares are up this year, Cramer continues to believe The Goldman Sachs Group, Inc. (NYSE:GS) is trading at a lower multiple:

“Yes, we know that there are stocks that 33 and 32 times earnings. We know that there’s some 40 times earnings. Well we have, I mean what is Goldman Sachs doing at 15 times earnings? It’s the premier investing house in the world.”

Here are the CNBC TV host’s previous comments about The Goldman Sachs Group, Inc. (NYSE:GS):

“Yeah my charitable trust owns Goldman, I’d buy it. I’d buy it here. They’re having a great quarter. I mean there’s so much M&A. Just over and over again there’s M&A.

“[On a share price dip] That’s profit taking because Goldman sells at maybe 14 times earnings. I’m not too worried about them. I really like that idea.”