GS Jan 2025 260.000 put
| Previous Close | 0.4700 |
| Open | 0.4700 |
| Bid | 0.2100 |
| Ask | 0.4900 |
| Strike | 260.00 |
| Expire Date | 2025-01-17 |
| Day's Range | 0.4700 - 0.4700 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 885 |
- Yahoo Finance Video
This is Goldman Sachs' stock picking strategy for 'conviction list'
Goldman Sachs (GS) has released its conviction list focusing on three key areas: artificial intelligence, consumer trends, and sustainability. Goldman Sachs Director of Americas Equity Research Steve Kron joins Catalysts to discuss the details. Kron explains that the purpose of this list is to help investors identify stocks where Goldman Sachs has "the highest level of conviction" for outperformance. Since the list's introduction last June, Kron emphasizes that "the feedback has been fantastic." Pinterest (PINS) was recently added to the list, while Amazon (AMZN) and Guidewire (GWRE) were removed. According to Kron, Goldman analyst Eric Sheridan believes Pinterest has the ability to "monetize their user base," with margin expansion potential over the next five years and earnings projected to be 6% above estimates in 2025. The stock also presents a favorable 3-to-1 upside-to-downside risk ratio. As for Amazon and Guidewire, they were removed to "keep the list fresh," though Kron notes they remain solid stock picks. Regarding the selection process, Kron tells Yahoo Finance, "We spend a lot of time on investment process, and we spend a lot of time with our analysts talking about stock recommendations. So these are sourced from them," with names like Nvidia (NVDA) and Citigroup (C) both making the list. Watch the video above to hear Kron's explanation on how the firm determines the themes of the list. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Yahoo Finance Video
Why Goldman Sachs lowered its US recession risk odds to 15%
Goldman Sachs (GS) chief economist Jan Hatzius has lowered his US recession risk outlook for the next twelve months to 15%. Catalysts hosts Seana Smith and Madison Mills highlight Hatzius's note following last week's much higher than expected jobs results for the month of September and the Federal Reserve's inflation forecasts. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
ReutersGoldman Sachs has derivatives positions worth 6.7% stake in UniCredit, filing shows
Goldman Sachs has derivative positions in UniCredit equivalent to a 6.7% stake in the Italian bank as of Sept. mostly swap and future contracts as well as call options, a regulatory filing showed on Monday. The position, held through Goldman Sachs International and another nine subsidiaries, if exercised would make the U.S. bank a top investor in UniCredit whose single biggest shareholder is fund manager BlackRock with 7.02%.
