Jim Cramer Discussed These 18 Stocks As Inflation Dropped

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

Number of Hedge Fund Holders In Q3 2024: 72

The Goldman Sachs Group, Inc. (NYSE:GS) is one of the largest investment banks in the world. It joined other mega-bank peers in January to release their latest earnings report in January on the day Cramer’s comments that we’re covering today were aired. Following the results, The Goldman Sachs Group, Inc. (NYSE:GS)’s shares closed the day 6% higher as the bank’s investment banking fees jumped by a whopping 24% while its profit more than doubled to $4.11 billion from the year-ago quarter’s $2.01 billion. Cramer commented on The Goldman Sachs Group, Inc. (NYSE:GS)’s revenue coming from outside traditional business lines such as sales, trading, and investment banking:

“Yes and I’ve got to tell you, Goldman is very excited about the IPO market. Which I’ve criticized, that guys come on. There’s nothing. They said stay tuned. But it’s M&A over and over again.”