Category: Goldman

Goldman Sachs’ S&P 500 Price Target Is Rosy, but Don’t Take the Bait
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Goldman Sachs’ S&P 500 Price Target Is Rosy, but Don’t Take the Bait

Goldman Sachs raised its end-of-year S&P 500 target amid vaccine hopes. The upcoming presidential election and vaccine uncertainty are threatening the stock market rally. Investors should look at global markets for better opportunities. Goldman Sachs just raised its S&P 500 price target. The investment firm forecasts a 7% gain from here to a new record.…

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Goldman Sachs: Buy These 10 Value Stocks to Beat the S&P 500
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Goldman Sachs: Buy These 10 Value Stocks to Beat the S&P 500

Goldman Sachs predicted that these ten companies would beat the stock market this year. Its list includes Monster, Regeneron Pharmaceuticals, Facebook, Mastercard, and Alphabet. But the uncertainty of the coronavirus has already frustrated some of Goldman’s previous predictions. Goldman Sachs has named ten companies that investors should buy if they want a chance to beat…

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Goldman Desperately Wants You to Buy Stocks Amid the Coronavirus Economic Crash
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Goldman Desperately Wants You to Buy Stocks Amid the Coronavirus Economic Crash

Goldman Sachs advises investors to buy stocks as it expects a V-shaped market rally. Many economists don’t think the economy will rebound sharply. The stock market might crash again if economic pain lasts much longer than expected. Despite awful economic data, stocks have recovered in the past month as governments develop plans to ease shutdowns.…

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Goldman Sachs Said the Economy Was Recession-Proof. It Couldn’t Have Been More Wrong
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Goldman Sachs Said the Economy Was Recession-Proof. It Couldn’t Have Been More Wrong

Goldman Sachs described the U.S. economy as “less recession prone” in December, and predicted that it would avoid recession this year. Other forecasters offered similar predictions, but the coronavirus revealed just how empty these predictions were. A global pandemic on the scale of the coronavirus outbreak was predictable, as shown by a UN-commissioned report from…

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Goldman Sachs Says Buy Boeing. Here’s Why You Shouldn’t
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Goldman Sachs Says Buy Boeing. Here’s Why You Shouldn’t

After losing more than 70% of its value this year, Boeing is now a ‘buy’, according to Goldman Sachs. The giant manufacturer’s survival depends on a government bailout. The grounding of the 737 Max was the initial devastating blow. The COVID-19 pandemic could knock out Boeing. Year-to-date, Boeing (NYSE:BA) is down by more than 70%.…

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Goldman says it won’t take companies public without at least one “diverse” director; here’s what it should have said
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Goldman says it won’t take companies public without at least one “diverse” director; here’s what it should have said

Some of the biggest banks in the United States are among the most powerful institutions in the world. But like every incumbent, they still have to hustle to stay relevant. Morgan Stanley has increasingly gotten behind investors who say they want to see more direct listings, for example. Some of those investors wield a lot…

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Goldman Sachs’s CEO just called WeWork’s pulled IPO — which Goldman was underwriting — proof that the market works
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Goldman Sachs’s CEO just called WeWork’s pulled IPO — which Goldman was underwriting — proof that the market works

It’s hard to put a positive spin on terrible situation, but that didn’t stop Goldman Sachs CEO David Solomon earlier today. Asked during a session at the World Economic Forum in Davos about WeWork’s yanked IPO in September,  Solomon suggested it was proof that the listing process works, despite that the CFO of Goldman —…

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