Investors have a couple of new reasons to like portfolio stocks Broadcom and Goldman Sachs . Deal king: Coterra named Goldman Sachs as a financial advisor on its $58 billion all-stock merger with fellow shale producer Devon . The deal is the largest in the energy sector since Diamondback ‘s $26 billion acquisition of Endeavor Energy Resources in 2024, which Goldman also had a small hand in . Goldman’s role in the Coterra-Devon merger is a boon for its investment banking business, which accounted for 15% of overall revenue last year. GS 1Y mountain Goldman Sachs 1 year After Goldman’s noisy earnings report last month, CEO David Solomon said that “M & A transactions often kick off a flywheel of activity across our entire franchise.” The continued deal news further validates our initial thesis on the stock, which has gained 7.6% year to date, compared to the S & P 500 ‘s 1.5% increase. We started a position in late 2024 in hopes of an investment-banking rebound due to Donald Trump ‘s presidential election victory. That’s exactly what we’re seeing. The Club has a price target of $1,050 on Goldman, and a 2 rating , meaning we would be buyers on a pullback. Chip potential : Mizuho said to buy the recent pullback in Club name Broadcom — citing an acceleration in earnings potential in the year ahead on multiple custom chip business possibilities. Shares of Broadcom have been underperforming, down nearly 20% from their December record close and off round 3.6% this year. In a Sunday note, Mizuho analysts pointed to fellow Club holding Meta Platforms as a potential $10 billion to $15 billion customer of Broadcom. AVGO 1Y mountain Broadcom 1 year As we pointed out on Friday , Broadcom has been benefiting from helping Alphabet ‘s Google build its tensor processing units. Mizuho predicted the average selling price for some of these TPUs could jump by 50% in the next few years. The analysts reiterated their buy-equivalent rating on Broadcom and $480-per-share price target, implying 44% upside to current prices of around $332. The Club, however, wants to wait for a further pullback before upgrading Broadcom back to a buy. We’re currently at a hold-equivalent 2 rating . We have a $425 price target. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
https://www.cnbc.com/2026/02/02/we-just-got-reasons-to-love-these-2-portfolio-stocks-even-more.html
