Jim Cramer recommends buying The Goldman Sachs Group, Inc. (GS) despite its 1.9% share price drop due to broader market pessimism about the US economy. He believes GS is a "barometer" for the stock market, with strong M&A activity and a great quarter. Cramer's charitable trust owns Goldman and would buy it at current levels.
Jim Cramer, a prominent financial analyst, recently advised investors to buy The Goldman Sachs Group, Inc. (GS) stock despite a 1.9% share price drop due to broader market pessimism about the US economy. Cramer, who is known for his contrarian views, believes that GS is a "barometer" for the stock market, with strong mergers and acquisitions (M&A) activity and a great quarter [1].
Cramer's charitable trust owns a significant stake in Goldman Sachs, and he would buy it at the current levels. He highlighted that while the US economy may be facing challenges, GS remains a strong investment due to its robust financial position and diverse revenue streams. The recent earnings report, which showed strong performance in various sectors, further underscores Cramer's confidence in the company [1].
Investors should note that Cramer's recommendation comes at a time when many market participants are cautious about the economic outlook. However, he argues that GS's strong fundamentals and strategic position in the financial sector make it an attractive investment opportunity. The company's recent strategic partnership with T. Rowe Price, announced on September 4, 2025, is another positive development that could boost investor confidence [2].
The GS-T. Rowe Price partnership aims to offer innovative wealth and retirement funds, providing investors with access to private markets. This move highlights Goldman Sachs' commitment to expanding its asset management capabilities and exploring new investment opportunities. The partnership could also have implications for the crypto market, as Goldman Sachs has been increasingly active in digital assets [2].
In conclusion, Jim Cramer's recommendation to buy The Goldman Sachs Group, Inc. (GS) stock is based on his belief in the company's strong fundamentals and strategic position in the financial sector. While the broader market may be facing challenges, Cramer's contrarian view suggests that GS is well-positioned to weather the storm and potentially benefit from future market opportunities.
References:
[1] https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/09/47494669/jim-cramer-sell-chime-buy-now-pay-later-stock
[2] https://blockchain.news/flashnews/goldman-sachs-gs-to-buy-up-to-1-billion-of-t-rowe-price-trow-stock-via-open-market-purchases-targeting-3-5-stake
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