Goldman Sachs Group, Inc. (GS)

196.79
2.28 1.15
NYSE
Prev Close 199.07
Open 198.16
Day Low/High 195.43 / 198.77
52 Wk Low/High 130.85 / 250.46
Volume 2.40M
Exchange NYSE
Shares Outstanding 344.08B
Market Cap 67.08B
P/E Ratio 14.80
Div & Yield N.A. (N.A)

Who Ya Gonna Believe, Them or the Markets' Seductive Lying Eyes?

* Look to the ground (as bank managements are), not to the sky * Most investors should consider taking a "time out" and maintain above average cash reserves  "Who ya gonna believe, me or your lying eyes?" - Groucho Marx, Duck Soup   While the focus ...

Jim Cramer: I Think Goldman Sachs Is an Amazing Buy

Jim Cramer: I Think Goldman Sachs Is an Amazing Buy

The fact that Goldman can make this much money in this environment is extraordinary. It's too cheap.

Goldman Is Golden

Goldman Sachs had a monster beat based on far better than expected trading profits.  I sold my GS at around $207 earlier this year.  GS remains on my Best Ideas List (it was listed on 12/17/28 at $169.95) and was trading at about $224 in pre-market ...

The Case for Bank Stocks Remains Strong and Intact

* Bank stocks, viewed as intermediate term investments, are now uncommonly cheap * My June 5 expectation for "backing and filling" in the group has been realized * This week's EPS reports could mark the industry's nadir in operating fundamentals * G...

We'll Be Checking on These Corporate Earnings Next Week

Next week the June quarter earnings season maelstrom kicks off with 115 companies, including 32 S&P 500 constituents, reporting their latest quarterly results. In recent days we've seen a number of companies up their outlook for the quarter but we'v...

BYND, NFLX Ratings

Citigroup has initiated a Sell rating on Beyond Meat BYND, and Netflix NFLX was awarded a Street-high price target of $670 at Goldman , up from $540.    

Real Money Post Industrial Average Outperforms, Despite Outbreak

Real Money Post Industrial Average Outperforms, Despite Outbreak

The RMPIA rebounded more than 22% in the June quarter to finish up 7.8% at the 2020 half mark.

Jim Cramer: The Rubber Is About to Meet the Road

Jim Cramer: The Rubber Is About to Meet the Road

The Nasdaq is running wild, but when the banks report we'll find out just how many people and businesses failed to pay rent.

Jim Cramer: Think Fractional Shares Look Boring? I've Got a Story for You

Jim Cramer: Think Fractional Shares Look Boring? I've Got a Story for You

Let me tell you about a time in the '80s when I was trying to get clients some Berkshire shares -- and how it relates to now, when you can buy fractional shares of terrific companies like Amazon.

Jim Cramer: Why You Shouldn't Expect the Market to Get Clobbered Again Monday

Jim Cramer: Why You Shouldn't Expect the Market to Get Clobbered Again Monday

Let's go over the confluence that allowed us to advance after a brief dip down in the morning.

Covid-19 Complications, Grocery Store-y, More on Moderna: Market Recon

Covid-19 Complications, Grocery Store-y, More on Moderna: Market Recon

Plus, a closer look at Thursday's late-day rally and at actions impacting the nation's big banks.

Jim Cramer: Are You a Star Player? Let's Put It to the Test

Jim Cramer: Are You a Star Player? Let's Put It to the Test

Do you know what a company does, does it do it well, and is there anything going on that could change the trajectory?

The Long and the Short of It

* After "playing" the rally off of the March lows (with plenty of longs) I have recently (again) gotten net short of exposure To summarize some my recent activity: * I took off numerous investment longs (for profits) into the rally -- including , , ...

The Fed

* An ideal short selling entry point lies ahead There was an over reaction - that continues this morning in the futures market - to the Fed's purchase of corporate bonds which was previously explicitly announced. There was no new money announced, ju...

Why the Markets Could Be Vulnerable

* Fundamental concerns and weakening technical signs might be converging now In the last few weeks and days I have eliminated all my equity investments in my personal pension plan, I have personally shorted S&P futures (at 3202 Monday night), I have...

Jim Cramer: New Investors Are Driving This Rollercoaster

Jim Cramer: New Investors Are Driving This Rollercoaster

Young day traders have flocked to the market, and they don't know a balance sheet from a ball of yarn.

It May Be Time for Financials to Consolidate a Bit Now

* The large money center banks are as close to "forever" stocks for me * However, the recent rise in the sector - and near +10% opening print higher - have been almost vertical and some backing and filling would not be a surprise * Indeed, some cons...

From The Street of Dreams

This morning Deutsche Bank reduced to hold from buy. When GS traded to $240+ (pre-Covid-19) I profitably sold my entire GS long holdings. As the share price cratered, all the way down to about $135 during the coronavirus scare, I aggressively bought...

China Gloats Over U.S. Chaos But Faces Curbs on Access to Capitalism

China Gloats Over U.S. Chaos But Faces Curbs on Access to Capitalism

Scrutiny of overseas listings and corporate purchases by Chinese companies is set to intensify.

Kass: 1968 Redux?

Kass: 1968 Redux?

Nineteen Sixty-Eight was often considered to be one of the most turbulent and traumatic years of the 20th century in the U.S.

2020 Is Looking a Lot Like 1968, Without the Good Music

We are now in one of those times, like 52 years ago in 1968, that we and our children will always remember. Many of us have spent the weekend watching America burning in despair. As I write this missive, an extended portion of I-95 (in Palm Beach) h...

My Tactical Approach and Current Positioning

* I have liquidated a lot of my long positions and have been averaging into Index shorts lately * I worship at the altar of fundamentals and not of price momentum * Monday I will present a more lengthy analysis of my concerns over the balance of 202...

Some Late Day Takeaways

* Market breadth has been shrinking all afternoon (at 3pm less than 100 more advancers over decliners). * Oil up a beaner to $23.72/barrel. * Gold down small. * Bond yields +2 basis points. * and FAANG experiencing some strength - but not impressive...

Goodbye to My Little Blue Bird

* I have sold the balance of my Twitter holdings I continue to whittle down my long book after the "rip your face rally" over the last two months. Towards that end I earlier sold my entire Goldman Sachs position. Yesterday I halved my Twitter holdin...

Out of Goldman Sachs!

Goldman Sachs traded as low as $130/share on March 19, 2020. (I have been a constant and aggressive buyer on weakness throughout the last few months.) The shares are +$10, after being +$13 yesterday - trading back to over $206 this afternoon. I have...

Booyah, Banks!

Bank stocks look poised and are well bid in premarket trading. is indicated +$3 on top of yesterday's +$7 gain. (It is my Trade of the Week). looks like it might open above $200/share!

I'm Pivoting Sharply From Growth to Value

* Banks +8% as growth is in the red on the day * Given the overweighting in portfolios, exchange-traded funds and jndexes of Microsoft and FAANG stocks -- a relatively small disintermediation could fuel banks and other value names.  * Sell in May an...

Jim Cramer: We Have a Rip Snorting Rally Unfathomable 2 Months Ago

Jim Cramer: We Have a Rip Snorting Rally Unfathomable 2 Months Ago

So what's the narrative? Simple: the recession is ending, it turned out to be a V recession and recovery after all.

Poorly Positioned Market Participants Are Run Over by Surging Optimism

Poorly Positioned Market Participants Are Run Over by Surging Optimism

The easiest mistake to make in this market is to focus too much on the indices and not understand the rotations that are taking place -- and the opportunities in individual stock picking.