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TheStreet.com TV Recap: Goldman's Still Got It

 

Goldman Sachs' (GS Quote) record-breaking numbers don't matter, because if they did, the stock wouldn't be down, Jim Cramer said on TheStreet.com TV's Wall St. Confidential Web video Tuesday.

"This is a unique moment," he said. "It's a really bad market for the financials. It really doesn't matter what a company says -- the fact that it's a financial means that it's going to be overly compensated down."

Goldman is buying a huge amount of stock, it's bought back a huge amount of stock, and it's delivered "an unbelievable quarter in the hardest environment imaginable," Cramer went on. "I do not think the environment will be this bad a year from now, so I think that you should buy it." ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
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