Goldman Sachs Group, Inc. (GS) continues to make significant moves in the financial market, earning itself various opinions from financial observers. While some believe it is
overvalued, GS has been labeled one of the
best American bank stocks to buy by hedge funds, setting an expectation for a possible stock
bounce. Notably, Goldman Sachs will end its GM credit card partnership, leading to a
$400M hit. However, the company has done well to reward its shareholders, who've earned a
21% CAGR over the past five years. The decision of Goldman Sachs to go
public is a significant move. Despite some fluctuations, Goldman Sachs has managed to advance while experiencing some market underperformance with other dividends increased to
$3.00. Institutional investors now control
68% of Goldman Sachs, the business having rewarded them with a stock increased by
3.9% last week. Recently, the company has sold off a
$2B credit-card book to Barclays at a discount. A major concern for investors is the report of insiders selling
US$40m of shares, suggesting hesitancy.
Goldman Sachs Group GS News Analytics from Mon, 05 Feb 2024 08:00:00 GMT to Sun, 15 Sep 2024 09:49:07 GMT -
Rating 5
- Innovation -2
- Information 7
- Rumor -4
