“Why do people presume that investment banking will never come back? Why do they presume that there will never be more use for a place like Goldman Sachs (GS)? Why do people openly question that they can ever make a profit again or that their book value is a total lie? Do people think there is a secular decline in all financing, and that we are done forever raising money? Do people think we are done merging? Do they think we are done issuing municipals? Do people think we are done with trading corporate debt? Do people think we are done with lending money against stock? That's it? I think Goldman's going to be like GE (GE), where we say, "OK, that's a big surprise because it is no surprise," and the stock goes up. I think that there's a real chance here to buy Goldman at the nadir of business and a totally fear-driven discount to book. I know the model has to change, blah, blah, blah. But so has the competition -- like none other than Morgan Stanley (MS). Can Goldman buy some banking deposits? Harder than a couple of months ago, but it can get it done. The most important thing that Goldman has going for it, though, is that it can create product. It always has. It knows how to make financial product and sell it. I think that no matter how bad the quarter, this one is GE II. I own it for Action Alerts PLUS. I believe the downside here is far outweighed by the upside.”

From a recent Mad Money show:"Start selling. This one has gone from one of the best to one of the worst natural gas companies. I like Anadarko Petroleum (APC)."

From a recent Mad Money show:"I can't believe how much this one got slammed today. This is one you buy into on the way down. I'm a buyer of Genzyme right here."

From a recent Mad Money show:"No, don't pull the trigger. This is not the old Suntrust, this is the risk taking Suntrust. No. No. No."

From a recent Mad Money show:"No, that's too speculative for this market. I only like the recession-resistant and accidental high yield stocks right here."

From a recent Mad Money show:"No, that's way too aggressive. I'm sorry, I don't like that one."

From a recent Mad Money show:"I think it's a travesty that this stock is down this much. I know steel is in a serious recession, so it might take 18 months, but I'm a buyer."

From a recent Mad Money show:"If you believe there's an infrastructure bill coming, then that's the company to own."