Cramer's 'Mad Money' Recap: Solid Goldman

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Goldman Sachs (GS Quote) proved today that it's the only broker to own, Jim Cramer told viewers of his "Mad Money" show Thursday.

Until Goldman's earnings report today, "everyone viewed brokers as cut from the same cloth," said Cramer, who owns Goldman for his charitable trust, Action Alerts PLUS.

During a bull market, "everyone looks like a genius," but Goldman Sachs proved itself during a downturn by shorting the mortgage market, Cramer said: "When you're right quarter after quarter after quarter, it isn't luck."

In spite of this success, Goldman still has a very low multiple on earnings per share. Wall Street is underestimating Goldman because it assumes all brokers are the same. But given Goldman's exceptional track record, "Why settle for less when you can have Goldman Sachs for $230?" Cramer asked.

He predicted that "Goldman will be dragged kicking and screaming into a higher multiple" and that Goldman deserves to sell at $300. "Goldman is the only one you want to own."

Yummy

Cramer welcomed Yum! Brands (YUM Quote) CEO David Novak to the show and asked him how Yum! has stayed consistent in the restaurant business.