Jim Cramer Put These 17 Stocks Under the Spotlight

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

Number of Hedge Fund Holders: 73

The Goldman Sachs Group, Inc. (NYSE:GS) is one of the stocks Jim Cramer put under the spotlight. A caller asked if they should buy, sell, or hold the stock, and Cramer replied:

“Buy. The stock is selling at a ridiculously low multiple still. It’s hovering around this level. People are getting nervous at this level. It’s going to blow through this level, and you’re going to wish that you got in right now.”

The Goldman Sachs Group, Inc. (NYSE:GS) provides financial advisory, investment banking, and wealth management services for corporations, institutions, governments, and individuals. The firm offers asset management, lending, trading, credit cards, and transaction banking solutions. During the September 29 episode, Cramer mentioned the company in light of Electronic Arts going private, as he commented:

“This morning, EA, the old Electronic Arts, got a $55 billion bid, the largest all-cash sponsored take-private deal in history. Silver Lake’s the prominent name among the buyers, but it’s PIF, the Saudi sovereign wealth fund, that’s putting up most of the money. Well, there’s a buyer for you. Although I don’t own EA for the Charitable Trust, I’m still gratified to see Goldman Sachs as the company’s advisor for this deal… These are huge tickets… Almost big enough to hit the M&A line in fine form for Goldman Sachs, which is a big position for my Charitable Trust… Goldman’s up over 40%… What makes me think there’s still room to run? Because the big banks are still cheap on earnings… Goldman’s at 17 times earnings.”