Goldman Sachs Wants In on This Billion-Dollar Business

Goldman Sachs (NYSE: GS  ) has filed paperwork to found a business development company, which will be called Goldman Sachs Liberty Harbor Capital. Companies in this space such as Prospect Capital (NASDAQ: PSEC  ) and American Capital (NASDAQ: ACAS  ) are known for high dividend yields, though American Capital's dividend was suspended during the financial crisis. This leaves investors asking, should I buy Goldman Sachs Liberty Harbor Capital the moment I have a chance? In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss what a business development company is, why it could be appealing, and whether or not they're buying. 

With big finance firms still trading at deep discounts to their historic norms, investors everywhere are wondering if this is the new normal, or whether finance stocks are a screaming buy today. The answer depends on the company, so to help figure out whether Goldman Sachs is a buy today, I invite you to read our premium research report on the company today. Click here now for instant access!


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  • Report this Comment On April 03, 2013, at 5:00 PM, jaybird43 wrote:

    You must be kidding. We have all heard about what GS reps(alledgely) say about their clients. Anyone who would climb into bed with these guys deserves the, "let's make a deal 'they get. Except it's more like playing "Jeopordy"

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Related Tickers

9/23/2016 4:01 PM
GS $165.13 Down -2.89 -1.72%
Goldman Sachs CAPS Rating: ***
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PSEC $8.25 Down -0.01 -0.12%
Prospect Capital CAPS Rating: ***