Jim Cramer's Stop Trading: The M&A Business Is Back!

NEW YORK (TheStreet) -- On CNBC's "Cramer's Stop Trading" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, was taking a look at the recent departure of a Goldman Sachs (GS) employee. 

But not just any employee. Anthony Noto, global co-head of technology, media and telecommunications banking, and also the leader of the Twitter (TWTR) IPO, will be leaving for Coatue Management, a hedge fund. 

Cramer had much praise for Noto, but suggested to Goldman Sachs investors that they not sell the stock on this news, saying, "Noto will be missed, but don't sell Goldman." 

He suggested that "the M&A business is back," which should help Goldman Sachs going forward.

-- Written by Bret Kenwell in Petoskey, Mich.

>>Read More: Sozzi: Is Macy's Really Performing National Magic Acts?

>>Read More: Malware's Boom for Microsoft

At the time of publication, Cramer's Action Alerts PLUS held Goldman Sachs stock, but had no position in any of the other stocks mentioned.

More from Opinion

Breaking: Bill Cosby Found Guilty on All Counts in Sexual Assault Retrial

Breaking: Bill Cosby Found Guilty on All Counts in Sexual Assault Retrial

Earnings Season Is Simply Out of Control Madness - How Are You Surviving?

Earnings Season Is Simply Out of Control Madness - How Are You Surviving?

Why Ether and Ripple -- But Not Bitcoin -- Prices Might Come Under Pressure Soon

Why Ether and Ripple -- But Not Bitcoin -- Prices Might Come Under Pressure Soon

Daily Chatter: Here's Where the Markets Stand After Tuesday's Beating

Daily Chatter: Here's Where the Markets Stand After Tuesday's Beating

3 New Investing Myths That Must Be Busted

3 New Investing Myths That Must Be Busted