Cramer Thinks Goldman (GS) Still Looks Cheap
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Price: $821.42 -1.68%
Rating Summary:
16 Buy, 23 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
16 Buy, 23 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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A Mad Money viewer asked Jim Cramer about Goldman Sachs (NYSE: GS) during last night's Lightning Round. Despite a more than 90% run since shares of Goldman set a new 52-week low of $47.41 on November 21, Cramer said the stock still looks cheap and, to boot, has a great balance sheet. Cramer admitted that he has been a long time believer in Goldman Sachs, or Golden Slacks, as he commonly refers to the financial powerhouse.
Shares of Goldman Sachs are currently trading up 2.2% to $90.73. The stock is moving higher with the broader financial sector, which is up about 1% as measured by the XLF, a popular ETF.
The Goldman Sachs Group, Inc. provides a range of investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide.
Shares of Goldman Sachs are currently trading up 2.2% to $90.73. The stock is moving higher with the broader financial sector, which is up about 1% as measured by the XLF, a popular ETF.
The Goldman Sachs Group, Inc. provides a range of investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide.
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