Stock Pick by Joseph Bonanni

GS: Liquidity Restored

Start trading GS with real money!

Rate Analysis

2 ratings

Posted 238 days ago on 7/24/09

Market call:GS will go UP
Target: $175.00 on 8/24/09
Current: $177.90 (8.00% from time of market call)

Im gonna make this short sweet. Goldman Sachs just repaid all TARP funds and also posted better then expected earnings. These points caused liquidity to be restored and stock prices to surge. The point im trying to make is that goldman is a great store in value exhibiting low volatility. Ultimately gs will continue to grow at a steady healthy pace. Certainty has been restored and investor sentiment is high so dont expect exuberant jumps regarding the stock price.

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