Opinions John Stephenson
Goldman SachsGSCOMMENTOct 19, 2016
John StephensonStock price when the opinion was issued
As of Jul 21, 2026. Market Open.
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Absolutely spectacular earnings. Up 7% today off its earnings report, one of the best moves we've seen this season. Major breakout, new all-time high. Attracting capital, attracting interest. Rapidly climbing within his RSI universe. Yield is 1.75%.
(Analysts’ price target is $1109.73)
Colin CieszynskiDifferent businesses. LLY is a big play in GLP-1 drugs. How will pills effect the injections business? LLY has done a good job of navigating these new pills. GS enjoys increased stock market and IPO businesses. He prefers LLY, which is tied to a secular growth trend, but GS' good times in capturing revenue in this cycle will end.
They just raised their dividend from $4.50 to $5, 11% higher.
Kevin SimpsonMergers are increasing, and banks like GS makes advisory fees from them. Also, the banks have been rallying since oil slumped, and will benefit further from rising interest rates, which appears will happen later this year. Plus, hyperscalers may need to keep borrowing money to keep competing with each other.
A dividend pick. Dividend are one of the best, easiest ways to hedge against inflation. This is a dividend grower, increasing each year by nearly 22% annually over the past 5 years. The total return over 3 years is 248%.
Kevin Simpson
Likes US large banks -- will continue to benefit from deregulation and a sturdy economy. Citi is the most technically sound of the group.
Stan Wong
A traditional investment bank, arguably one of the best if not the best. Their business has completely downscaled over the years, with a whole series of initiatives out of the US, to reduce risks. Their revenue, for a large part, comes through capital markets and transaction business, as well as a stable asset management business. A great company, however a very hard stock to necessarily own, because you have all the capital markets uncertainty, pressure on the banks. They are probably the poster boy, whether right or wrong, for public angst. This is something you have to trade a little, rather than being a long-term hold.