Jim Cramer Can’t Believe Goldman Sachs’ (GS) Current Valuation

We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks. The Goldman Sachs Group, Inc. (NYSE:GS) is one of the stocks discussed by Jim Cramer.

Investment bank The Goldman Sachs Group, Inc. (NYSE:GS)’s shares are up by 61% over the past year and by 9% year-to-date. Citi discussed the firm on May 8th as it raised the share price target to $930 from $765 and kept a Neutral rating on the stock. The coverage came as part of a readjustment for the broader banking sector. Earlier, on April 14th, Bank of America cut the share price target to $1,050 from $1,100 and kept a Buy rating. BofA remarked that The Goldman Sachs Group, Inc. (NYSE:GS) suffered from excessive investor optimism following its first-quarter earnings, as a solid set of results failed to satiate investor appetite. The earnings saw the firm post $17.55 in earnings per share, which beat analyst estimates of $16.49. In a tweet, Cramer discussed The Goldman Sachs Group, Inc. (NYSE:GS)’s role in AvalonBay’s merger with Equity Residential:

“Goldman Sachs gets the Avalon Bay side of the huge merger of equals with Equity Residential . These are monster fees for Goldman, yet it is at 17 times earnings? ridiculously low. Time for a market multiple…”

Jim Cramer Can't Believe Goldman Sachs' (GS) Current Valuation

While we acknowledge the risk and potential of GS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GS and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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