There's a solid case to be made for Goldman Sachs despite a few past missteps by the investment banking giant.Goldman Sachs (GS 0.27%) is widely known as the leading investment bank, and for good reason. In this video, longtime Fool.com contributor Dan Caplinger explains why he recently bought shares, while colleague Matt Frankel explains why he sold the stock in late 2023.*Stock prices used were the morning prices of Aug. 21, 2024. The video was published on Aug. 22, 2024. ...

Shares of The Goldman Sachs Group, Inc. (GS) — a well-known global investment bank — have witnessed a remarkable run on the bourses, with its stock skyrocketing 60.2% in a year. This meteoric rise has outpaced the S&P 500 and also left its peers — JPMorgan & Chase (JPM) and Morgan Stanley (MS) — behind.1-Year Price PerformanceImage Source: Zacks Investment ResearchThe year has been favorable for this global investment bank as capital markets are showing signs of rebound. Investment banking (IB) business see ...

The narrative around Bitcoin is evolving from a speculative asset to a strategic investment.Imagine telling someone in 2009, when Bitcoin (BTC 2.98%) was trading for just a few pennies, that one day, one of the most prolific companies on Wall Street would be buying the cryptocurrency. Well, that day has come as Goldman Sachs Group (GS -0.18%) recently disclosed a multimillion-dollar stash of Bitcoin in its quarterly filing.Bitcoin and cryptocurrencies in general have been primarily regarded as extremely spe ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a me ...

As politicians in the United States continue to attract attention over their stock trading habits, which their critics believe might entail unfair advantage, the history of one Congressman’s sales of Goldman Sachs (NYSE: GS) stock, in particular, has come into the limelight.Specifically, Michael McCaul, a member of the U.S. House of Representatives for Texas’s 10th congressional district, has sold around $1.3 million worth of Goldman Sachs stocks in the past three years, according to the information shared ...

KEY TAKEAWAYSGoldman Sachs has lowered the chances of the U.S. falling into a recession in the next 12 months to 20% from 25%, following reassuring data on retail sales and jobless claims.The Wall Street bank said that it had raised its probability of a U.S. recession to 25% after July data showed unemployment rising to the highest since October 2021.Goldman said it expects a 25-basis-point interest-rate cut by the Federal Reserve in September, barring weaker-than-expected jobs data, which could trigger a 5 ...

Banking giant Goldman Sachs (NYSE: GS) has identified several stocks likely to witness an upside in the future based on their key fundamentals. Notably, the bank’s backing is a significant move that can influence investors‘ decisions and the trajectory of specific equities. In this context, Finbold has identified two stocks highlighted by Goldman Sachs that can potentially turn a modest investment of $100 into $1000 by 2025.Alphabet (NASDAQ:GOOGL)Alphabet (NASDAQ: GOOGL), Google’s parent company, continues ...

A month has gone by since the last earnings report for Goldman Sachs (GS) . Shares have lost about 2.2% in that time frame, outperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Goldman due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Goldman Q2 Earnings Beat Estimates, IB Revenues Rise Y/YGo ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Shares of Goldman Sachs (GS) have appreciated 24.2% year to date compared with the industry’s growth of 8.1%. The stock has outperformed the S&P 500 Index, which increased 11.1% in the same frame.Image Source: Zacks Investment ResearchGS’ impressive rebound in the Investment Banking (IB) business is supporting its growth trajectory. Its efforts to expand in the private equity market also look encouraging.Further, analysts are bullish on this Zacks Rank #3 (Hold) stock. In the past month, the Zacks Consensus ...