RealMoney Radio Mailbag: The Future Looks Goldman
Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.
Is Goldman Sachs (GS) - Get Report right here?-- Melinda from New Jersey
James J. Cramer:
I think Goldman Sachs is a buy. The company is trading at a discount to its peers for no good reason, and I believe 2006 will be a banner year for Goldman's industry-leading mergers and acquisitions business.
Jimmy, is it time to get into JP Morgan (JPM) - Get Report?-- Frankie from Brooklyn
James J. Cramer:
I think the financials will work in 2006. I think the
Fed
is getting to the end of the rate-hike cycle, and that means more investor money should flow into the financials, including JP Morgan, though I've been buying
Wells Fargo
(WFC) - Get Report
for my charitable trust,
Action Alerts PLUS.
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