Many analysts and investors believe Wall Street firms will never flourish again like they did prior to the financial crisis. In the wake of new regulations and restrictions on activities, traditional investment banks now face significant headwinds.
Despite the concerns over industrywide profitability, Goldman Sachs (NYSE:GS) remains well-positioned to continue gaining market share and foster new advisory relationships.
In this video, Motley Fool banking analysts David Hanson and Matt Koppenheffer give investors three reasons the Wall Street giant is still a good buy today.
David Hanson owns shares of Goldman Sachs. Matt Koppenheffer owns shares of Goldman Sachs and Bank of America. The Motley Fool recommends Goldman Sachs. The Motley Fool owns shares of Bank of America and JPMorgan Chase. 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.