I Should Send A Love Note To The Goldman Sachs Group, Inc. (GS)'s CEO, Says Jim Cramer

We recently published 9 Stocks on Jim Cramer’s Radar. The Goldman Sachs Group Inc. (NYSE:GS) is one of the stocks Jim Cramer recently discussed.

With stock markets buzzing with AI IPOs and contending with the Fed’s interest rate decisions, The Goldman Sachs Group, Inc. (NYSE:GS) has become a frequent feature of Cramer’s morning show. In nearly all these appearances, the CNBC TV host has remained optimistic and hopeful about the firm. He believes that The Goldman Sachs Group, Inc. (NYSE:GS) position in the stock market means that the firm has significant exposure to trading activity. Additionally, Cramer also believes that a 15 multiple might be low for the bank. He was full of praise for The Goldman Sachs Group, Inc. (NYSE:GS) this time around as well:

“Oh my god, my charitable trust owns Goldman, I feel like I should send a love note to Solomon, but you know I gotta wait for the end of the quarter.

“. . .without a doubt, the M&A, the IPOs, they flow through Goldman. A lot through Morgan Stanley, this is a halcyon time for those who fired a lot those slim down and now are getting a lot of business. And I think it’s real.

“I think that Goldman’s doing great, and I just. . .I just think that they do good a job.”

While we acknowledge the potential of GS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.