5 Financial Stocks to Buy According to Jim Cramer

In this article, we discuss the 5 financial stocks to buy according to Jim Cramer. If you want to read our detailed analysis of these stocks, go directly to the 10 Financial Stocks to Buy According to Jim Cramer. 

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

Number of Hedge Fund Holders: 74    

The Goldman Sachs Group, Inc. (NYSE:GS) provides a range of financial services. Jim Cramer gave the stock a Buy recommendation during the Discussed Stock segment of his show in mid October.  

On October 18, investment advisory Oppenheimer raised the price target on The Goldman Sachs Group, Inc. (NYSE:GS) stock to $576 from $520 and kept an Outperform rating. Analyst Chris Kotowski issued the ratings update. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Eagle Capital Management is a leading shareholder in The Goldman Sachs Group, Inc. (NYSE:GS) with 3.6 million shares worth more than $1.3 billion. 

In its Q1 2021 investor letter, Artisan Partners, an asset management firm, highlighted a few stocks and The Goldman Sachs Group, Inc. (NYSE:GS) was one of them. Here is what the fund said:

“Financial services firm Goldman Sachs is a best-in-class franchise with a premier brand that attracts top talent and sustains market share across its businesses. We believe this has helped Goldman weather recent market volatility. In addition to de-levering risk-weighted assets, Goldman is also growing its digital investment footprint through the expansion of features on its Marcus Invest platform. The company’s stability—and ability to grow its brand even in tough times—has kept us invested over the long term.”