Goldman Sachs

GS-N

NYSE:GS

176.96
10.94 (6.59%)
The Goldman Sachs Group, Inc. is an American multinational finance company that engages in global investment banking, investment management, securities, and other financial services including asset ...
More at Wikipedia

Analysis and Opinions about GS-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
February 5, 2020

(A Top Pick Feb 12/19, Up 28%) It has rallied well. They are transitioning more into retail banking. They are behind the Apple credit card. As they move into the retail banking space, they have to increase reserve holdings, which has created a headwind. However, he thinks they are beyond that now. He continues to remain constructive on them.

Show full opinionHide full opinion
Goldman Sachs (GS-N)
February 5, 2020

(A Top Pick Feb 12/19, Up 28%) It has rallied well. They are transitioning more into retail banking. They are behind the Apple credit card. As they move into the retail banking space, they have to increase reserve holdings, which has created a headwind. However, he thinks they are beyond that now. He continues to remain constructive on them.

TOP PICK
TOP PICK
December 18, 2019
The Malaysian issue which could cost them several billions. Trades at a cheap 10x earnings and offers fantastic earnings and dividends growth. It's the last bank in derivatives which offer great margins. (Analysts’ price target is $242.13)
Show full opinionHide full opinion
Goldman Sachs (GS-N)
December 18, 2019
The Malaysian issue which could cost them several billions. Trades at a cheap 10x earnings and offers fantastic earnings and dividends growth. It's the last bank in derivatives which offer great margins. (Analysts’ price target is $242.13)
WEAK BUY
WEAK BUY
November 27, 2019
Never discount Goldman Sachs. They're skilled. Management is not afraid of change. Good valuation. But can they execute is the big question. He wouldn't argue with you strenuously if you decided to take a position.
Show full opinionHide full opinion
Goldman Sachs (GS-N)
November 27, 2019
Never discount Goldman Sachs. They're skilled. Management is not afraid of change. Good valuation. But can they execute is the big question. He wouldn't argue with you strenuously if you decided to take a position.
Gordon Reid

Unlock Ratings

Price
$222.950
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
November 22, 2019
(A Top Pick Dec 13/18, Up 27%) He recommended just before the December sell-off. The lawsuits are still immaterial. It’s still a powerful investment company. He thinks you can still buy here. Good CEO who is building the business. There is a rumour that they might buy e-trade.
Show full opinionHide full opinion
Goldman Sachs (GS-N)
November 22, 2019
(A Top Pick Dec 13/18, Up 27%) He recommended just before the December sell-off. The lawsuits are still immaterial. It’s still a powerful investment company. He thinks you can still buy here. Good CEO who is building the business. There is a rumour that they might buy e-trade.
PAST TOP PICK
PAST TOP PICK
October 17, 2019
(A Top Pick Oct 02/18, Down 7%) It has been weak like the global banking sector. Most other banks have gotten out of derivatives trading, that most people don’t understand. By staying in that business they will derive fantastic profits in that area. They are a cash machine and are buying back stock over time.
Show full opinionHide full opinion
Goldman Sachs (GS-N)
October 17, 2019
(A Top Pick Oct 02/18, Down 7%) It has been weak like the global banking sector. Most other banks have gotten out of derivatives trading, that most people don’t understand. By staying in that business they will derive fantastic profits in that area. They are a cash machine and are buying back stock over time.
DON'T BUY
DON'T BUY
July 30, 2019
He used to own this and sold it recently. It rose nicely since Dec. 24, but still short of where it was a few years ago and he didn't think it could return.
Show full opinionHide full opinion
Goldman Sachs (GS-N)
July 30, 2019
He used to own this and sold it recently. It rose nicely since Dec. 24, but still short of where it was a few years ago and he didn't think it could return.
DON'T BUY
DON'T BUY
July 10, 2019
Tough time in the cycle to add this one. After the financial crisis, it became very heavily regulated. This caused them to change business strategy away from hyper aggressive earnings. It trades now below book value, but it is not the same company it once was. They can't do prop trading anymore. They just don't have the same arrows in the quiver. He would not pay up for them now. He would prefer to buy the exchanges, who will benefit from rising trading volumes.
Show full opinionHide full opinion
Goldman Sachs (GS-N)
July 10, 2019
Tough time in the cycle to add this one. After the financial crisis, it became very heavily regulated. This caused them to change business strategy away from hyper aggressive earnings. It trades now below book value, but it is not the same company it once was. They can't do prop trading anymore. They just don't have the same arrows in the quiver. He would not pay up for them now. He would prefer to buy the exchanges, who will benefit from rising trading volumes.
HOLD
HOLD
July 3, 2019
It's the leading investment bank in the U.S. There's alot of investing money and GS will take advantage of this. Hold onto this; it'll pay off.
Show full opinionHide full opinion
Goldman Sachs (GS-N)
July 3, 2019
It's the leading investment bank in the U.S. There's alot of investing money and GS will take advantage of this. Hold onto this; it'll pay off.
BUY
BUY
June 6, 2019
It is a bank that went through a lot of headline risk. It is transitioning. The CEO is turning things around, trying to turn it into a commercial bank. It is a good opportunity to pick up a good company with a great reputation that will probably be around for the long haul.
Show full opinionHide full opinion
Goldman Sachs (GS-N)
June 6, 2019
It is a bank that went through a lot of headline risk. It is transitioning. The CEO is turning things around, trying to turn it into a commercial bank. It is a good opportunity to pick up a good company with a great reputation that will probably be around for the long haul.
COMMENT
COMMENT
May 21, 2019
Doesn't own. Trading at cheap levels. Great investment banking, but part of the issues is that their fixed income and commodity business has been very capital intensive. The wealth management business has done very well but has had a lot more competition. They are trying to move to the retail business by opening their digital bank, that has grown nicely but hasn't offset the growth in the wealth management business. Trades below book value, very cheap price to PE.
Show full opinionHide full opinion
Goldman Sachs (GS-N)
May 21, 2019
Doesn't own. Trading at cheap levels. Great investment banking, but part of the issues is that their fixed income and commodity business has been very capital intensive. The wealth management business has done very well but has had a lot more competition. They are trying to move to the retail business by opening their digital bank, that has grown nicely but hasn't offset the growth in the wealth management business. Trades below book value, very cheap price to PE.
PAST TOP PICK
PAST TOP PICK
May 13, 2019
(A Top Pick May 31/18, Down 13%) He'd build on it with the drop. Banks have not performed well this year. Caught up in one lawsuit, which is about 3 months profit for the bank. Their digital bank is growing rapidly. Technologically savvy. Well capitalized. Trading at tangible book value, a good time to buy. New CEO shaking things up.
Show full opinionHide full opinion
Goldman Sachs (GS-N)
May 13, 2019
(A Top Pick May 31/18, Down 13%) He'd build on it with the drop. Banks have not performed well this year. Caught up in one lawsuit, which is about 3 months profit for the bank. Their digital bank is growing rapidly. Technologically savvy. Well capitalized. Trading at tangible book value, a good time to buy. New CEO shaking things up.
DON'T BUY
DON'T BUY
May 8, 2019
The PEG ratio is about 1, suggesting a good company with decent valuation. The PE is about 10. It trades about 1 times book value right now. But they just don't have the same powerful levers as they did years ago. The technicals do not look exciting to enter either. (Analysts’ price target is $230.00)
Show full opinionHide full opinion
The PEG ratio is about 1, suggesting a good company with decent valuation. The PE is about 10. It trades about 1 times book value right now. But they just don't have the same powerful levers as they did years ago. The technicals do not look exciting to enter either. (Analysts’ price target is $230.00)
BUY
BUY
May 7, 2019
The premier investment bank in the world. They've never had to dilute shares. They have less competition now, though encountered trouble in Malaysia and will likely pay a hefty penalty of $6-7 billion. They can absorb this. Valuation is cheap and should continue to thrive.
Show full opinionHide full opinion
The premier investment bank in the world. They've never had to dilute shares. They have less competition now, though encountered trouble in Malaysia and will likely pay a hefty penalty of $6-7 billion. They can absorb this. Valuation is cheap and should continue to thrive.
DON'T BUY
DON'T BUY
April 22, 2019
He owned this many years ago. GS is trying to keep up with the rapdily changing landscape of capital markets. It's partially succeeded, but GS is mired in a fraud issue in Malaysia. He owns and prefers Morgan Stanley.
Show full opinionHide full opinion
Goldman Sachs (GS-N)
April 22, 2019
He owned this many years ago. GS is trying to keep up with the rapdily changing landscape of capital markets. It's partially succeeded, but GS is mired in a fraud issue in Malaysia. He owns and prefers Morgan Stanley.
WAIT
WAIT
March 28, 2019
Financials is a big scratching head at the moment. This particular bank is not faced with the pressures of the retail banking in general. Used to be an investment bank leveraged 30 to 1. Everything that it used to do to eke out high torque on their profitability seems to be muted a little bit and without the leverage that they used to have. He has been bullish in financials prematurely. Trading below book value. Jury is out on this one.
Show full opinionHide full opinion
Goldman Sachs (GS-N)
March 28, 2019
Financials is a big scratching head at the moment. This particular bank is not faced with the pressures of the retail banking in general. Used to be an investment bank leveraged 30 to 1. Everything that it used to do to eke out high torque on their profitability seems to be muted a little bit and without the leverage that they used to have. He has been bullish in financials prematurely. Trading below book value. Jury is out on this one.
Showing 1 to 15 of 254 entries

Goldman Sachs(GS-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 12

Stockchase rating for Goldman Sachs is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Goldman Sachs(GS-N) Frequently Asked Questions

What is Goldman Sachs stock symbol?

Goldman Sachs is a American stock, trading under the symbol GS-N on the New York Stock Exchange (GS). It is usually referred to as NYSE:GS or GS-N

Is Goldman Sachs a buy or a sell?

In the last year, 12 stock analysts published opinions about GS-N. 7 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Goldman Sachs.

Is Goldman Sachs a good investment or a top pick?

Goldman Sachs was recommended as a Top Pick by Zachary Curry on 2020-02-05. Read the latest stock experts ratings for Goldman Sachs.

Why is Goldman Sachs stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Goldman Sachs worth watching?

12 stock analysts on Stockchase covered Goldman Sachs In the last year. It is a trending stock that is worth watching.

What is Goldman Sachs stock price?

On 2020-04-08, Goldman Sachs (GS-N) stock closed at a price of $176.96.