Editor's Note: TheStreet.com has always believed that offering a wide variety of opinions and viewpoints -- rather than a monolithic "house view" -- helps readers make better investment decisions. In that spirit, we bring you "360 Degrees."
This weekly feature is designed to take advantage of our stable of reporters and contributors, who will offer analysis of specific stocks from all angles -- fundamental vs. technical, short-term trader vs. long-term investor. Today's subject, Goldman Sachs (GS Quote), was chosen by our readers last week; please see our poll below to help determine the next stock to get the "360 Degrees" treatment. Click on the following link for information about a free trial to RealMoney.com.Pounding the Table on Goldman Sachs, by Jim Cramer
Editor's Note: The following is from an April 5 RealMoney.com column. Am I a house man for Goldman Sachs, having cut my teeth in the business at the firm? Did I get a thrill out of being the keynote speaker at the Goldman alumni association last night, in front of a half-a-trillion dollars' worth of managers? Those aren't the reasons I am pounding the table on this stock and pounding it hard here. I am doing that because of the numbers. First, I believe that Goldman can earn at least $15 a share here. I say "at least" because the share buyback is aggressive, the earnings power is actually increasing, the margins are going higher, the table of employment isn't really growing, and the compensation is under control. It's the multiple, however, that explains why I went out last night at the association meeting and said that we could see $225 for this stock by the end of the year, something I told you readers the other afternoon. The multiple simply makes no sense whatsoever.- Loading Comments...
- Loading Comments...
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,246.97 | 1,093.01 | 2,151.08 | 34.82 |
Oil *
77.27
|
|
UP
20.03
|
DOWN
0.06
|
DOWN
2.98
|
DOWN
0.04
|
10 Yr
3.48%
SPDR Gold
108.39
|
|
+0.20%
|
-0.01%
|
-0.14%
|
-0.11%
|
Data delayed 20 minutes |














