Goldman Sachs Stock

Goldman Sachs stock is the leader among New York investment banks and trading desks. Goldman Sachs stock consistently outperform its peers and the market thanks to solid operations and strong management. In the midst of the subprime and credit market crises Goldman maintained a YTD return of over 8.5%, compared with 1.5% for the S&P 500. Its competitors Merrill Lynch (NYSE: MER) - down 42.5%, Lehman Brothers (NYSE: LEH) - down 22%, Morgan Stanley (NYSE: MS) - down 39% look like amateurs compared to the Goldman Sachs stock. There is no doubt that Goldman Sachs is best of breed within its peer group. It deserves a place in your portfolio long term. Many seek out the Goldman Sachs asset management team to help manage their portfolios. The Goldman Sachs asset management group is one of the strongest areas of the business and stayed strong through the subprime tumult their hit its peers. Given its strong position, it is one of the most sought after careers on Wall St. Goldman Sachs careers are highly sought after. This type of strong backlog of human capital helps keep Goldman Sachs stock future looking bright. It is also what keeps Goldman Sachs research a hot commodity .
Goldman Sachs Earnings History:
Q2 2007: up 3.0%
Q3 2007: up 46.8%
Q4 2007: up 6.0%
Q1 2008: down 106.5%
Q2 2008: down 7.6%
Goldman next earnings report: Q3 2008: $3.83 E



The basic business profile of Goldman Sachs stock is that of a global investment bank that provides a wide range of services to governments, businesses, financial institutions, and high net-worth individuals. Its three main segments are its trading desk, its asset management department, and investment banking. The company has been public since 1999 and through November 2007 returned 192% plus dividends to its investors, lagging only Lehman Brothers in that time period. Goldman Sachs finance is a world leader.

Goldman Sachs maintains more prestige on Wall St than any other firm. As we mentioned above, this helps the company recruit and train only the best of the best. Jobs at Goldman are like tickets to wealth and acceptance into a unique brotherhood of well groomed, impressively intelligent men and women. The strength of its reputation and ability to draw the top talent gives it a long term edge over its competitors on Wall St. The Goldman Sachs funds or baskets available through the Bloomberg.

Goldman Sachs Asset Management team also benefits from the prestige and success of the firm. When many others look down, the Goldman Sachs stock somehow tends to stay up or on par with the market. Its relative outperformance among its peers and strong Asset Management Team help book increasing numbers of wealthy individuals. True or not, many investors now see Goldman Sachs as being one of the best Wall St. investment firms at managing risk. This perception has led many of the former asset management clients of Bear Sterns, Lehman Brothers, and Merril Lynch to move their assets to Goldman Sachs. This continued strength in the Asset Management division continues to help buoy the Goldman Sachs stock.

Like most other Wall St. firms, Goldman is tied closely to the strength of the market and business climate both in the US and abroad. Strong M&A environments, plenty of IPOs, and brisk trading come together to form the perfect storm for Goldman and its investors. When these things wane or go through slow periods, expect GS growth to slow or decline.


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