Goldman Sachs stock might have been battered down so much. However, the company fundamentals are still good. I doubt that this will affect their reputation as a premium investment banks. I don’t think clients will start running out of Goldman Sachs… They are still so powerful.
Look at how they manipulated MGM stock. Their BUY UPGRADE TODAY sent the casino sector upwards like crazy. MGM is up 7%.. LVS also up and WYNN is up.
Goldman Sachs dominance in the investment banking world means that the stock is a screaming buy! This is going to be one of the few stocks that I would agree with Cramer.
BUY $159.
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