Cramer's Stop Trading! Now Is the Time to Be in Goldman Sachs (12/20/10)

Includes: ADBE, GOOG, GS, JBL
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Monday December 20.

Goldman Sachs (NYSE:GS), Google (NASDAQ:GOOG), Adobe (NASDAQ:ADBE), Jabil Circuit (NYSE:JBL)

Cramer thinks Goldman Sachs (GS) is having a "dynamite quarter" thanks to the choppy dollar and the fixed income market. "People think of them as an equity shop. That is so 80s." Goldman Sachs does well when bonds are volatile. As a former employee of Goldman Sachs, Cramer said, "This is the time to be in it," and predicts the stock could return to its former highs.

First and foremost, "Google is a search engine monetization business," said Cramer. Android and Google TV, which have many in the media worried, are secondary concerns and "don't even move the needle." Internet advertising is strong and at the year's end, money managers should get behind Google, which Cramer thinks could go to $625 or $650.

Cramer predicted a decent earnings for Adobe (ADBE) which beat estimates by 4 cents, and strong earnings from Jabil Circuit (JBL) which exceeded earnings estimates by 7 cents.


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