$GS Long Goldman Sachs into earningsEntry level $206 = target price $222 = Stop loss $201
Bullish indicators and price action.
Support has held on numerous occasions, limiting downside.
222 remains very strong resistance.
P/E 8.59 which is extremely low.
very reasonable 2.44 yield.
Average price target $233 | Overweight.
Company profile
Goldman Sachs Group, Inc. engages in global investment banking, securities, and investment management, which provides financial services. It operates through the following business segments: Investment Banking, Institutional Client Services, Investing and Lending, and Investment Management. The Investment Banking segment gives financial advisory services and help companies raise capital. The Institutional Client Services segment serves clients who come to buy and sell financial products, raise funding, and manage risk. The Investing and Lending segment includes investing and relationship lending activities; and making investment. The Investment Management segment involves in investment and wealth advisory services. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.
