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Cramer Is Still a Big Fan of His Alma Mater Goldman Sachs

In the July Action Alerts PLUS members' call, Cramer talks about his alma mater, Goldman Sachs, and why he thinks members should be buying. Watch now!

In the July Action Alerts PLUS members' call, Jim Cramer discusses his former employer, Goldman Sachs GS, and why he still is a big believer.

"I think things are better at Goldman than people realize," he says in a response to a member's question.

"It's ridiculous that the stock's as cheap as it is."  The stock is hovering around $225, down from around $233 just a month ago and as high as $270 back in early February. The company reports earnings on Tuesday, July 17, 2018.

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But be sure to watch the video above as he talks about how the firm keeps very little cash on hand and tells a story from his old boss that involves a dry cleaner.

Do you want more exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable-trust portfolio with a free trial to Action Alerts PLUS! You can also watch all of Jim Cramer's New York Stock Exchange live shows on YouTube.