Goldman Sachs Earnings: How Do You Play the Stock?

Credit: The Street
Published on April 15, 2019 - Duration: 02:49s

Goldman Sachs Earnings: How Do You Play the Stock?

Last week, in monthly members-only club call for Jim Cramer's Action Alerts Plus investing club, Cramer was asked about Goldman Sachs 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 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.

Related.

Goldman Sachs Is a Good Low-Stakes Bet as It Looks to Shake Things Up Want to learn about Jim Cramer's other rules for earnings season?

You can find out more by going here.

Jim Cramer's Five Rules Investors for Investors During Earnings Season

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