Last week, in monthly members-only club call for Jim Cramer's Action Alerts Plus investing club, Cramer was asked about Goldman Sachs (GS) - Get Goldman Sachs Group Inc. (The) Report by one of the members.
"If Goldman Sachs pops when they report next Monday, would you recommend booking some losses and buying shares in big tech names like Amazon and Apple?" Asked Scott W.
Cramer responded, "My first reaction to that is that's a false dichotomy."
"The idea that you should do this or that on this is not right. The difference between Goldman and CVS (CVS) - Get CVS Health Corporation Report is that Goldman is doing very well under [CEO David] Solomon," he said. "This is my old firm, I spent a lot of time working on Goldman ahead of this quarter."
This morning, the Goldman Sachs reported its earnings.
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