Goldman Sachs Group Inc (GS): Today's Featured Financial Services Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.4%. By the end of trading, Goldman Sachs Group rose $1.89 (1.1%) to $166.25 on light volume. Throughout the day, 2,685,605 shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3,642,700 shares. The stock ranged in a price between $163.88-$166.33 after having opened the day at $163.95 as compared to the previous trading day's close of $164.36. Other companies within the Financial Services industry that increased today were:
(
), up 8.8%,
(
), up 6.0%,
(
), up 5.5% and
(
), up 4.1%.
The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $75.2 billion and is part of the financial sector. Shares are up 28.8% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 16 rate it a hold.
TheStreet Ratings rates
Goldman Sachs Group
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Goldman Sachs Group Ratings Report.
On the negative front,
Millennium India Acquisition Corporation
(
), down 11.8%,
(
), down 9.2%,
(
), down 5.9% and
Cash Store Financial Services
(
CSFS
), down 3.1% , were all laggards within the financial services industry with
(
) being today's financial services industry laggard.
- Use our financial services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
(
) while those bearish on the financial services industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
null