RFG Advisory LLC has acquired 208 shares in Goldman Sachs Group, Inc. (NYSE:GS), matching International Assets Investment Management LLC's $1.90 billion stake in the company. Despite concerns about lagging finance stocks, shareholders who have invested in Goldman Sachs Group (NYSE:GS) five years ago have seen a significant upturn. The company reported its 2023 full year and fourth quarter earnings, with increased stakes from GAMMA Investing LLC and True Vision MN LLC. In spite of its rise, Goldman Sachs has been falling behind the market, sparking recommendations for investors to buy now. Amongst many others, EP Wealth Advisors LLC, Fisher Asset Management LLC, and institutional investors purchasing large volumes of shares underscore the leading position the company has maintained within the trade market. Goldman Sachs also exceeded first-quarter estimates, with Wall Street pushing for higher first-quarter earnings. Despite warnings against investment in China from Goldman Sachs Wealth Management CIO and an investigation over futures trading fees, a potential turnaround in Q1 and encouraging Q1 results promote optimism. However, sustainability concerns led to a downgrade to sell.
Goldman Sachs Group GS News Analytics from Tue, 22 Aug 2023 07:00:00 GMT to Sun, 23 Jun 2024 16:29:55 GMT - Rating 6 - Innovation 3 - Information 7 - Rumor -5
