Why does Jim Cramer recommend buying Goldman Sachs?

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By Jack Ferson

Las Public sales offers or OPV in Wall Street They have shown a enhancement in the number of firms that wish to be quoted in the stock market. He MAD MAD MANEY EN CNBC, JIM CRAMERhe has noticed this trend and pointed out that this is an invitation to buy shares of Goldman Sachs GR According to Syeda Seirut Javed in Yahoo Finance.

«I told them that this was the year of magical thinking … there is the OPV market. The pessimists are watching the amount of operations and say:» My mother! The machinery of the Wall Street OPV has gone crazy. But any market historian knows that it simply reminds us of times of bonanza. Seeing these operations is more a start than an end … Goldman Sachs are going to buy! «

Goldman Sachs offers financial services that include investment banking, markets, assets and heritage management, and platform solutions. After someone called to ask about the actions in an episode in July, Cramer replied:

«I don’t know. You know, Sweeney, Rob Sweeney, my friend Rob Sweeney, or my wife would say that an acquaintance, Rob Sweeney, is doing that operation, and is very rich, well. So I understand why they did. And Tim Wentworth is also there. I don’t know. Well, I’m a believer. I wouldn’t abandon that operation even if I try.

Goldman Sachs GR It lies downward on Friday afternoon at 803.72 dollars. The 70 and 200 periods are maintained below the price, down the 72 points and the MACD lines above the zero level.

The medium and long term resistance is found in the 807.10 dollars. Meanwhile, EI indicators are mostly bullish.

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