1 Key Opportunity at Goldman Sachs

Updated

In this video, Matt Koppenheffer describes the one key opportunity for investors to pile into Goldman Sachs. In a nutshell, Goldman is an investment bank with a competitive edge over its competitors that is also selling at a discount. There are other big banks around, but big customers vote with their feet, and they are going to Goldman. Traditionally, Goldman sells for two or three times tangible book value, and right now, it's selling a bit above tangible book value. So investors have an opportunity to buy a leader in the investment banking business well below its traditional valuation.

During the financial crisis, Goldman Sachs did so well pivoting to avoid the worst of the fallout that it had to downplay its success to duck public ire and conspiracy theories. Today, Goldman is still arguably the powerhouse global financial name, yet its stock trades at a valuation of less than half what it fetched prior to the crisis. Does this make Goldman one of the best opportunities in the market today? To answer that question, I invite you to check out The Motley Fool's special report on the bank. In it, Fool banking expert Matt Koppenheffer uncovers the key issues facing Goldman, including three specific areas Goldman investors must watch. To get access to this report, just click here.

The article 1 Key Opportunity at Goldman Sachs originally appeared on Fool.com.

Matt Koppenheffer owns shares of Goldman Sachs. The Motley Fool recommends Goldman Sachs. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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