NEW YORK (TheStreet) -- On CNBC's "Cramer's Mad Dash" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, took a look at Goldman Sachs (GS - Get Report) , which is "trying to rationalize its workforce," he said.
The company is putting more focus on businesses that are doing well, such as M&A and corporate finance, and less focus on businesses that aren't doing as well, such as fixed income.
"I think it's a very smart move," Cramer added, suggesting that the stock will eventually go back to trading with a premium earnings multiple.
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While there were some concerns in the quarter, investors should not lose faith in Boeing, Cramer said. It should do well in the second half of 2014, he concluded.
-- Written by Bret Kenwell in Petoskey, Mich.