Previous Close | 2.3800 |
Open | 1.3500 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 470.00 |
Expire Date | 2024-06-28 |
Day's Range | 1.3500 - 2.5000 |
Contract Range | N/A |
Volume | |
Open Interest | 599 |
(Bloomberg) -- It has become one of the most popular — and more recently, painful — trades among arbitrageurs on Wall Street: buying Taiwan Semiconductor Manufacturing Co.’s lower-valued Taipei shares and shorting the US stock on hopes prices will converge.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackHedge Fund Talent Schools Are Looking for the Perfect TraderWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanPutin’s Hybrid War Opens a Secon
Goldman's (GS) focus on its core business, strategic restructuring and improving revenue mix, and a strong balance sheet are likely to aid its financials. These make the stock an attractive pick for investors.
The average brokerage recommendation (ABR) for Goldman (GS) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?