Jim Cramer Put These 16 Stocks Under a Microscope

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

Number of Hedge Fund Holders: 81

Cramer said that The Goldman Sachs Group, Inc. (NYSE:GS) “is the way to go,” as he remarked:

“… My Charitable Trust owns Goldman. When I’ve seen Goldman this cheap and I know how good they are, worked there at one time, I gotta tell you, I think Goldman, at 11.8 times earnings, is the way to go.”

Goldman Sachs (NYSE:GS) is a financial company recognized for its work in investment banking. It offers wealth management and a range of other financial services. Cramer mentioned the company during April 11’s episode as he discussed:

“Goldman’s by far the most controversial. Why? Because as an investment bank, its business can be pretty episodic. I think Goldman can do it because Goldman’s a changed firm, one that’s no longer gripped by the picaresque tradition of Wall Street. I bet CEO David Solomon can deliver on the top and bottom lines and the top because of trading, that used to be their forte, and the bottom because of rationalization of the bank’s table of employment. Basically, they can beat the numbers by firing a bunch of people, which they’ve been doing. It’s smart to do that. We’re in a different market.”