Why should anyone buy Goldman Sachs? In this video, Matt Koppenheffer gives three reasons you should. First, Goldman is viewed as being the premier investment bank. Last year, and this year to date, Goldman is No. 1 in mergers and acquisitions and equity offerings by value. Second, Goldman currently trades a smidge above tangible book value. Historically, Goldman has traded at or above twice tangible book value, making its current valuation quite attractive. Lastly, Goldman attracts top flight talent that, in turn, helps it do an increasingly better job of making money.
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, and 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.