Short interest for Goldman Sachs Gr gives investors a sense of the degree to which investors are betting on the decline of Goldman Sachs Gr's stock. Short interest data is updated every two weeks.

Goldman Sachs Gr Stock (NYSE:GS), Short Interest Report

Goldman Sachs Gr

Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.

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iShares Dow Jones US Broker Dealers Index Fund

Goldman Sachs reportedly considers transferring its General Motors credit-card program to Barclays, signaling a significant shift away from consumer lending. With Barclays emerging as the frontrunner, the potential $2 billion deal could reshape the credit landscape by summer. 

Goldman Sachs Mulls GM Credit-Card Program Shift To Barclays: Report

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Meta Platforms reported first-quarter revenue of $36.45 billion, which was up 27% year-over-year. Revenue came in ahead of Street estimates.

Meta Platforms, Goldman Sachs And More On CNBC&#39;s &#39;Final Trades&#39;

Goldman Sachs Group, Inc. (The) Common Stock

The Goldman Sachs Group Inc

GelStat Corp

Globalstar Inc

Great Southern Bancorp, Inc. - Common Stock

Great Southern Bancorp Inc

Goldman Sachs BDC Inc

GOLDEN STATE BANCORP by Golden State Bancorp

Golden State Bancorp

Goldman Sachs ETF Trust Goldman Sachs Small Cap Core Equity ETF

Ioneer Ltd

GS Chain PLC

WisdomTree Trust Global SmallCap Divid Fd

GOLDSANDS DEV CO by Goldsands Development Co.

Goldsands Development Co

Global Systems Dynamics Inc Class A

GSDT FINTECH GROUP INC by GSDT Fintech Group Inc.

GSDT Fintech Group Inc

Global Systems Dynamics Inc Units (1 Ord Class A & 1/2 War)

Global Systems Dynamics Inc Warrants (01/04/2026)

Goldman Sachs MarketBeta Emerging Markets Equity ETF

Covivio SA

FT Vest U.S. Equity Moderate Buffer ETF - September

Goldman Sachs ActiveBeta Europe Equity ETF

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

GLOBAL SEAFOOD TECH INC by Global Seafood Technologies, Inc.

Global Seafood Technologies Inc

GREEN STREAM HOLDINGS by Green Stream Holdings Inc.

Green Stream Holdings Inc

Goldman Sachs Future Planet Equity ETF

iShares GSCI Commodity-Indexed Trust Fund

GSG Group Inc

GENSIGHT BIOLOGICS SA by Gensight Biologics SA

Gensight Biologics SA

Goosehead Insurance, Inc. - Class A Common Stock

Goosehead Insurance Inc

Gushen Inc

GOLDSHORE RESOURCES INC by Goldshore Resources Inc.

Goldshore Resources Inc

GUSHENGTANG HLDGS LTD by GUSHENGTANG HLDGS LTD.

Themes Global Systemically Important Banks ETF

Goldman Sachs MarketBeta International Equity ETF

Goldman Sachs ActiveBeta International Equity ETF

Golden Sachs ETF Trust Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

GENERAL STEEL HLDGS INC by General Steel Holdings, Inc.

General Steel Holdings Inc

GENERAL STORE INTL CORP by General Store International Corp. (THE)

GENESIS MINERALS LTD NEW by Genesis Minerals Limited

Genesis Minerals Ltd

GSI Technology Inc

Garden Stage Ltd

Goldman Sachs ActiveBeta Japan Equity ETF

GSK plc American Depositary Shares (Each representing two Ordinary Shares)

GSK PLC

Goldseek Resources Inc Ordinary Shares

Global Ship Lease Inc New Class A Common Shares

Global Ship Lease Inc

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

GREEN SCIENTIFIC LBS HLD by Green Scientific Labs Holdings Inc.

Green Scientific Labs Holdings Inc

Go Solar USA Inc

GEOSOLAR TECHNOLOGIES INC by GEOSOLAR TECHNOLOGIES, INC.

Geosolar Technologies Inc

Global Ship Lease, Inc. Depository Shares Representing 1/100th Perpetual Preferred Series B% (Marshall Island)

Ferroglobe PLC

Indiana Resources Ltd

Cheer Holding Inc

G&S Minerals Inc

GLOBAL ESCIENCE CORP by Global eScience Corp.

Global eScience Corp

GRAYSCALE SOLANA TRUST by Grayscale Solana Trust (SOL)

GULFSLOPE ENERGY INC by Gulfslope Energy, Inc.

Gulfslope Energy Inc

GEOSPATIAL CORPORATION by Geospatial Corporation

Geospatial Corp

GREEN STAR PRODUCTS INC by Green Star Products, Inc.

Green Star Products Inc

GOLDEN SPIKE RES CORP by Golden Spike Resources Corp.

Golden Spike Resources Corp

GOLDEN STAR ENTERPRISE by Golden Star Enterprises Ltd.

Golden Star Enterprises Ltd

Gotham Enhanced 500 ETF

GSP Resource Corp

GOLDEN SHIELD RES INC by GOLDEN SHIELD RES INC.

Golden Shield Resources Inc

GSRX INDUSTRIES INC by GSRX Industries Inc.

GSRX Industries Inc

GS ActiveBeta U.S. Small Cap Equity ETF

GOSSAN RESOURCES LTD CDA by Gossan Resources Ltd.

Gossan Resources Ltd

Goldman Sachs Access Ultra Short Bond ETF

GS SWEDEN AB by GS SWEDEN AB

Green Satoshi Token

GLOBESTAR THERAPEUTICS CO by GlobeStar Therapeutics Corporation

GlobeStar Therapeutics Corp

GROWTH STALK HLDGS CORP by Growth Stalk Holdings Corp

Growth Stalk Holdings Corp

GOLDSTORM METALS CORP by GOLDSTORM METALS CORP.

Goldstorm Metals Corp

GRAPHENE & SOLAR TECHS by Graphene & Solar Technologies Ltd.

Graphene & Solar Technologies Ltd

Golden Sun Health Technology Group Limited - Class A Ordinary Shares

Golden Sun Health Technology Group Ltd

Goldman Sachs MarketBeta U.S. Equity ETF

GSV Inc

GUANAJUATO SILVER CO LTD by GUANAJUATO SILVER CO LTD

Guanajuato Silver Co Ltd

Gameswap

GLOBAL SWEETENERS HLDGS by Global Sweeteners Holdings Ltd.

Invesco Ultra Short Duration ETF

Goldman Sachs Group, Inc. (The) Depositary Shares each representing 1/1000th Interest in a Share of Floating Rate Non-Cumulative Preferred Stock Series A

Goldman Sachs Group, Inc. (The) Depositary Share repstg 1/1000th Preferred Series C

Goldman Sachs Group, Inc. (The) Dep Shs repstg 1/1000 Pfd Ser D Fltg

Goldman Sachs Group, Inc. (The) Dep Shs Repstg 1/1000 Int Sh Fxd/Fltg Non Cum Pfd Stk Ser K

Deep-pocketed investors have adopted a bearish approach towards Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GS usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Goldman Sachs Gr. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 22% leaning bullish and 66% bearish. Among these notable options, 3 are puts, totaling $104,872, and 6 are calls, amounting to $287,361.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $370.0 to $430.0 for Goldman Sachs Gr during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Goldman Sachs Gr's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Goldman Sachs Gr's whale activity within a strike price range from $370.0 to $430.0 in the last 30 days. 
<h3>Goldman Sachs Gr 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714501856_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$25.25</td>
<td>$23.85</td>
<td>$24.9</td>
<td>$405.00</td>
<td>$62.2K</td>
<td>594</td>
<td style="text-align: right;">26</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$25.15</td>
<td>$24.75</td>
<td>$24.75</td>
<td>$405.00</td>
<td>$61.8K</td>
<td>594</td>
<td style="text-align: right;">51</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$3.5</td>
<td>$3.4</td>
<td>$3.41</td>
<td>$430.00</td>
<td>$52.8K</td>
<td>981</td>
<td style="text-align: right;">322</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$3.45</td>
<td>$3.35</td>
<td>$3.36</td>
<td>$430.00</td>
<td>$52.0K</td>
<td>981</td>
<td style="text-align: right;">477</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$17.75</td>
<td>$17.5</td>
<td>$17.75</td>
<td>$390.00</td>
<td>$42.5K</td>
<td>1.3K</td>
<td style="text-align: right;">24</td>
</tr>
</tbody>
</table>

<h3>About Goldman Sachs Gr</h3>
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
After a thorough review of the options trading surrounding Goldman Sachs Gr, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Goldman Sachs Gr's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 961,150, the GS's price is down by -0.59%, now at $428.28. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 78 days.</li>
</ul>
<h3>Expert Opinions on Goldman Sachs Gr</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $465.0.
<ul>
<li>Consistent in their evaluation, an analyst from Citigroup keeps a Neutral rating on Goldman Sachs Gr with a target price of $425. </li>
<li>An analyst from Keefe, Bruyette &amp; Woods has decided to maintain their Outperform rating on Goldman Sachs Gr, which currently sits at a price target of $485. </li>
<li>An analyst from Oppenheimer persists with their Outperform rating on Goldman Sachs Gr, maintaining a target price of $517. </li>
<li>Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Goldman Sachs Gr with a target price of $433. </li>
<li>In a positive move, an analyst from Argus Research has upgraded their rating to Buy and adjusted the price target to $465. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Goldman Sachs Gr options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Spotlight on Goldman Sachs Gr: Analyzing the Surge in Options Activity

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Jefferies cut the price target for Chegg, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHGG#NYSE">CHGG</a>) from $7 to $4. Jefferies analyst Brent Thill downgraded the stock from Hold to Underperform. Chegg shares rose 1% to close at $7.17 on Monday. <a href="https://www.benzinga.com/quote/CHGG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keybanc slashed the price target for ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) from $100 to $90. Keybanc analyst John Vinh maintained an Overweight rating. ON Semiconductor shares rose 4.1% to close at $70.82 on Monday. <a href="https://www.benzinga.com/quote/ON/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler increased Eastman Chemical Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMN#NYSE">EMN</a>) price target from $90 to $105. Piper Sandler analyst Charles Neivert maintained a Neutral rating. Eastman Chemical shares rose 1.9% to close at $97.34 on Monday. <a href="https://www.benzinga.com/quote/EMN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer raised the price target for The Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) from $479 to $517. Oppenheimer analyst Chris Kotowski maintained an Outperform rating. Goldman Sachs shares rose 0.8% to close at $430.81 on Monday. <a href="https://www.benzinga.com/quote/GS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel raised Sensata Technologies Holding plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ST#NYSE">ST</a>) price target from $36 to $43. Stifel analyst Matthew Sheerin maintained a Hold rating. Sensata Technologies shares rose 2.2% to close at $35.76 on Monday. <a href="https://www.benzinga.com/quote/ST/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Susquehanna slashed Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) price target from $27 to $25. Susquehanna analyst Christopher Stathoulopoulos maintained a Neutral rating. Southwest shares fell 0.7% to close at $26.84 on Monday. <a href="https://www.benzinga.com/quote/LUV/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs cut the price target for XP Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XP#NASDAQ">XP</a>) from $30 to $23. Goldman Sachs analyst Tito Labarta downgraded the stock from Buy to Neutral. XP shares gained 1.7% to close at $21.42 on Monday. <a href="https://www.benzinga.com/quote/XP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>TD Cowen boosted Domino&#8217;s Pizza, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) price target from $550 to $580. TD Cowen analyst Andrew Charles maintained a Buy rating. Domino&#8217;s shares rose 5.6% to close at $527.13 on Monday. <a href="https://www.benzinga.com/quote/DPZ/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities boosted MSCI Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSCI#NYSE">MSCI</a>) price target from $425 to $525. B of A Securities analyst Heather Balsky upgraded the stock from Underperform to Neutral. MSCI shares fell 0.2% to close at $476.98 on Monday. <a href="https://www.benzinga.com/quote/MSCI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham raised Lattice Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>) price target from $75 to $80. Needham analyst Quinn Bolton maintained a Buy rating. Lattice Semiconductor shares rose 4% to close at $76.86 on Monday. <a href="https://www.benzinga.com/quote/LSCC/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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Domino's Pizza To Rally Over 10%? Here Are 10 Top Analyst Forecasts For Tuesday

Oppenheimer analyst Chris Kotowski maintains Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) with a Outperform and raises the price target from $479 to $517.

Analyst Ratings

Oppenheimer Maintains Outperform on Goldman Sachs Gr, Raises Price Target to $517

Goldman Sachs Group Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) is reportedly in discussions to shift its&nbsp;General Motors Company&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) credit-card program to&nbsp;Barclays PLC&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BCS#NYSE">BCS</a>), marking a&nbsp;huge&nbsp;move in Goldman&#8217;s withdrawal from consumer lending.
Barclays emerges as the top contender to take over the&nbsp;credit-card&nbsp;issuance, which currently holds approximately $2 billion in balances, according to a&nbsp;<a target="_blank" href="https://www.wsj.com/finance/goldman-sachs-general-motors-credit-card-barclays-226d2b02" rel="noreferrer noopener">report&nbsp;</a>from The&nbsp;Wall Street Journal.&nbsp;A potential agreement could be reached&nbsp;by summer.
While other contenders like&nbsp;U.S. Bancorp&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) and&nbsp;Bread Financial Holdings Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BFH#NYSE">BFH</a>) were initially in the running, they have recently withdrawn, according to the report.
However, there&#8217;s no assurance that Barclays will finalize the deal, as another potential buyer might emerge.
Goldman&#8217;s decision to exit the partnership was communicated to employees in&nbsp;November,&nbsp;following challenges in customer acquisition.&nbsp;
Executives expressed frustration over what they perceived as insufficient promotion efforts by GM car dealers, the report further added.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com//node/38247147" rel="noreferrer noopener">Goldman Sachs Sees Resurgence In Debt Underwriting And Deal Activity, Q1 Profit Jumps 28%</a>
This prospective deal signifies a crucial step in Goldman&#8217;s strategy to disentangle itself from&nbsp;Main-Street&nbsp;lending, a process initiated in late 2022.&nbsp;
The bank&#8217;s Platform Solutions division, encompassing the GM credit cards and other consumer lending ventures, incurred about $6 billion in losses from 2020 through&nbsp;first-quarter&nbsp;of 2024, the report mentioned.
For Barclays, acquiring the GM&nbsp;credit-card&nbsp;program aligns with its efforts to broaden its U.S.&nbsp;credit-card&nbsp;portfolio beyond travel cards.&nbsp;
A new&nbsp;rule by the&nbsp;Consumer Financial Protection Bureau&nbsp;is expected&nbsp;to reduce late fees, potentially impacting lenders&#8217; revenues.
The report further specified that banks evaluating the GM program face the challenge of enhancing card relevance in a fiercely competitive&nbsp;market,&nbsp;where consumers prioritize travel rewards.
Goldman Sachs stock gained more than 26% in the last 12 months. Investors can gain exposure to the stock via&nbsp;IShares U.S. Broker-Dealers &amp; Securities Exchanges ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAI#NYSE">IAI</a>) and&nbsp;Vanguard Total Stock Market Index Fund ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTI#NYSE">VTI</a>).
Read Next:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/04/38426856/gm-unveils-plans-for-autonomous-driving-unit-cruise-relaunch-after-hiatus-expects-1-7b-in-expenses" rel="noreferrer noopener">GM Unveils Plans For Autonomous Driving Unit Cruise Relaunch After Hiatus, Expects $1.7B In&nbsp;Expenses</a>
Price Action: GS shares closed higher by 0.76% at $430.81 on Monday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: Sergei Elagin On Shutterstock.com

<a href="https://www.wsj.com/finance/goldman-sachs-general-motors-credit-card-barclays-226d2b02" title="https://www.wsj.com/finance/goldman-sachs-general-motors-credit-card-barclays-226d2b02">https://www.wsj.com/finance/goldman-sachs-general-motors-credit-card-barclays-226d2b02</a>

Wall Street Journal Reported Late Monday, Barclays In Talks To Take Over GM Credit Cards From Goldman, Citing Sources; Deal For Roughly $2B Of Balances Could Be Reached By Summer

Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) has outperformed the market over the past 5 years by 4.17% on an annualized basis producing an average annual return of 15.73%. Currently, Goldman Sachs Gr has a market capitalization of $138.76 billion. 
Buying $100 In GS: If an investor had bought $100 of GS stock 5 years ago, it would be worth $206.64 today based on a price of $427.57 for GS at the time of writing.
<h3>Goldman Sachs Gr's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714163416_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/04/24/final-trades-goldman-sachs-meta-platforms-and-urnm.html">Halftime Report Final Trades</a>,&#8221; Bryn Talkington of Requisite Capital Management named Sprott Uranium Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URNM#NYSE">URNM</a>) amid supply shortage here. The ETF has been basing in the 50's level and believes it is a &#8220;<a href="https://www.benzinga.com/news/24/04/38349158/is-a-commodities-super-cycle-on-the-way">good entry point</a>.&#8221;
Stephen Weiss of Short Hills Capital Partners picked Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>).
On Wednesday, Meta reported first-quarter revenue of $36.45 billion, which was up 27% year-over-year. The revenue came in ahead of a Street consensus estimate of $36.16 billion, according to data from Benzinga Pro. The company reported earnings per share of $4.71 in the first quarter, <a href="https://www.benzinga.com/news/24/04/38421280/metas-stock-plunge-after-q1-numbers-an-overreaction-to-zuckerbergs-capex-move-says-gene-munster-he-w">beating a Street estimate of $4.33.</a>
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Joseph M. Terranova of Virtus Investment Partners said there is more upside ahead for The Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>).
On April 15, Goldman Sachs reported better-than-expected first-quarter earnings, posting revenue of $14.21 billion for the first quarter of 2024, beating the consensus of $12.92 billion. The Wall Street giant reported EPS of $11.58, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38273192/goldman-sachs-boasts-near-perfect-q1-results-5-analysts-zero-in-on-core-strengths">beating the consensus of $8.60</a>.
Global Banking &amp; Markets were $9.73 billion, up 15% Y/Y, boosted by a 32% increase in investment banking fees to $2.08 billion, primarily driven by an increase in completed mergers and acquisitions transactions and initial public and secondary offerings.
Price Action:
<ul>
<li>Sprott Uranium Miners ETF fell 0.6% on Wednesday.</li>
<li>Meta shares fell 0.5% to settle at $493.50 during Wednesday's session.</li>
<li>Goldman Sachs fell 0.2% to close at $423.04 during Wednesday's session.</li>
</ul>
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Meta Platforms, Goldman Sachs And More On CNBC's 'Final Trades'

Sen. Ted Cruz (R-TX) on Wednesday <a href="https://www.benzinga.com/topic/congress-trades">disclosed a transaction</a> in investment bank Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), and this has raised some eyebrows.
What Happened: In a filing with the Senate, Cruz said his spouse sold Goldman shares on April 15 and the proceeds could be worth up to $500,000. Incidentally, the company reported its quarterly results on the same day. The sale was mentioned as part offloading of the position.
The filing was in line with the &#8220;Stock Trading on Congressional Knowledge Act,&#8221; which requires Congressmen to publicly file and disclose any financial transaction within 45 days of its occurrence.&nbsp;The values of trades are given in a range.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="347" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25033026/image-213-1024x347.png" alt="" class="wp-image-308074" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25033026/image-213-1024x347.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25033026/image-213-300x102.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25033026/image-213-768x261.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25033026/image-213-1536x521.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/25033026/image-213.png 1872w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Incidentally, Cruz&#8217; wife Heidi Cruz has been with Goldman since 2005 and she is currently serving as Managing Director at the firm.
See Also: <a href="https://www.benzinga.com/money/best-bank-stocks">Best Bank Stocks Right Now</a>
Why It&#8217;s Important: Goldman is among the big banks, which reported stellar results for the first quarter. The stock rallied about 3% to $400.88 on the day of its earnings release (April 15) before pulling back about 1% in the very next session.
Since then, the stock has reversed course and ended Wednesday&#8217;s session at $423.04, down 0.23% from its previous close, according to<a href="https://benzinga.grsm.io/lxquj26b2sag"> Benzinga Pro data.</a>
The company reported first-quarter top- and bottom-line beats, thanks to strong trading and investment banking revenues. CNBC Mad Money host Jim Cramer <a href="https://www.benzinga.com/markets/equities/24/04/38290992/jim-cramer-says-he-likes-earnings-from-these-big-banks-so-much-heres-why">picked Goldman as one of the big bank </a>earnings he liked this season due to the strong fee income relative to net interest income.
Given details of the purchase of those shares aren&#8217;t readily available, it isn&#8217;t known whether the transaction netted the senator a profit.
When Cruz was panned for allegedly inciting the Jan. 6, 2021 insurrection, corporate America chose to distance itself from tainted politicians. Goldman was among them but it chose to stand by Cruz&#8217;s wife who was employed with them.
Read Next: <a href="https://www.benzinga.com/news/24/04/38185125/elon-musk-agrees-with-ted-cruz-on-putting-homeland-security-secretary-on-trial-the-precedent-is-crys">Elon Musk Agrees With Ted Cruz On Putting Homeland Security Secretary On Trial: &#8216;The Precedent Is Crystal Clear&#8217;</a>
Photo by Consolidated News Photos on Shutterstock

Government

Regulations

Politics

GOP Senator Ted Cruz Sold Shares Of This Big Bank On Q1 Earnings Release Date: Here Are The Details

CNBC Halftime Report Final Trades: The Goldman Sachs Group, Meta Platforms, Sprott Uranium Miners ETF

Financial giants have made a conspicuous bullish move on Goldman Sachs Gr. Our analysis of options history for Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) revealed 11 unusual trades.
Delving into the details, we found 63% of traders were bullish, while 18% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $1,155,800, and 9 were calls, valued at $618,053.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $390.0 to $460.0 for Goldman Sachs Gr during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Goldman Sachs Gr options trades today is 527.0 with a total volume of 851.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Goldman Sachs Gr's big money trades within a strike price range of $390.0 to $460.0 over the last 30 days.
<h3>Goldman Sachs Gr Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713977158_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$55.85</td>
<td>$54.7</td>
<td>$55.75</td>
<td>$460.00</td>
<td>$1.1M</td>
<td style="text-align: right;">10</td>
<td style="text-align: right;">202</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/26/24</td>
<td>$9.75</td>
<td>$9.6</td>
<td>$9.75</td>
<td>$415.00</td>
<td>$114.2K</td>
<td style="text-align: right;">983</td>
<td style="text-align: right;">64</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$39.9</td>
<td>$39.5</td>
<td>$39.9</td>
<td>$420.00</td>
<td>$111.6K</td>
<td style="text-align: right;">691</td>
<td style="text-align: right;">29</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$39.25</td>
<td>$38.75</td>
<td>$39.25</td>
<td>$420.00</td>
<td>$82.4K</td>
<td style="text-align: right;">691</td>
<td style="text-align: right;">119</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/03/24</td>
<td>$33.1</td>
<td>$31.65</td>
<td>$32.41</td>
<td>$390.00</td>
<td>$81.0K</td>
<td style="text-align: right;">90</td>
<td style="text-align: right;">25</td>
</tr>
</tbody>
</table>

<h3>About Goldman Sachs Gr</h3>
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
In light of the recent options history for Goldman Sachs Gr, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Goldman Sachs Gr</h3>
<ul>
<li>Currently trading with a volume of 785,906, the GS's price is down by -0.69%, now at $421.09. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 84 days.</li>
</ul>
<h3>What Analysts Are Saying About Goldman Sachs Gr</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $429.6.
<ul>
<li>Consistent in their evaluation, an analyst from HSBC keeps a Buy rating on Goldman Sachs Gr with a target price of $460. </li>
<li>Maintaining their stance, an analyst from BMO Capital continues to hold a Market Perform rating for Goldman Sachs Gr, targeting a price of $360. </li>
<li>An analyst from JP Morgan persists with their Overweight rating on Goldman Sachs Gr, maintaining a target price of $433. </li>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Goldman Sachs Gr, targeting a price of $435. </li>
<li>Consistent in their evaluation, an analyst from JMP Securities keeps a Market Outperform rating on Goldman Sachs Gr with a target price of $460. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Goldman Sachs Gr options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Smart Money Is Betting Big In Goldman Sachs Gr Options

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/04/22/final-trades-goldman-sachs-sl-green-and-taiwan-semi.html">Halftime Report Final Trades</a>,&#8221; Stephen Weiss of Short Hills Capital Partners said Taiwan Semiconductor Manufacturing Company Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) is <a href="https://www.benzinga.com/24/04/38362650/tsmc-topped-estimates-on-the-back-of-insatiable-ai-demand">oversold and cheap</a>.
On April 18, Taiwan Semiconductor Manufacturing exceeded first-quarter financial expectations. The company's revenue surged 16.5% to $18.87 billion, surpassing the Street consensus estimate of $18.40 billion, while net income increased by 8.9% to $6.97 billion.
Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC said SL Green Realty Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLG#NYSE">SLG</a>), which reported earnings last week, has a 6% yield.
On April 17, SL Green Realty posted first-quarter sales of $128.203 million, missing market expectations of $152.668 million. The company posted FFO of $3.07 beating estimates of $2.16. 
Evercore ISI Group analyst Steve Sakwa maintained SL Green Realty with an Underperform but raised the price target from $46 to $47 on April 22.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>.
Joseph M. Terranova of Virtus Investment Partners named Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) as his final trade.
On April 15, Goldman Sachs reported better-than-expected first-quarter earnings, posting revenue of $14.21 billion for the first quarter of 2024, beating the consensus of $12.92 billion. 
The Wall Street giant reported EPS of $11.58, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38273192/goldman-sachs-boasts-near-perfect-q1-results-5-analysts-zero-in-on-core-strengths">beating the consensus of $8.60</a>.
Price Action:
<ul>
<li>Taiwan Semiconductor Manufacturing shares rose 1.6% to close at $129.75 on Monday.</li>
<li>SL Green Realty shares gained 2.4% to settle at $50.78 during Monday's session.</li>
<li>Goldman Sachs shares gained 3.3% to close at $417.35 during Monday's session.</li>
</ul>
Also Read This: <a href="https://www.benzinga.com/news/24/04/38370585/investor-optimism-improves-but-fear-greed-index-remains-in-fear-zone">Investor Optimism Improves, But Fear &amp; Greed Index Remains In &#8216;Fear&#8217; Zone</a>
Image: Shutterstock

Goldman Sachs, SL Green Realty And A Major Chipmaker On CNBC's 'Final Trades'

WIIM

Shares of banking and financial services stocks are trading higher as stocks across sectors rebound following recent weakness.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BAC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$39.00</td>
<td>$26.4K</td>
<td>7.4K</td>
<td>10.4K</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$65.00</td>
<td>$27.4K</td>
<td>24.6K</td>
<td>4.1K</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/26/24</td>
<td>$230.00</td>
<td>$33.2K</td>
<td>2.0K</td>
<td>2.9K</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$35.00</td>
<td>$35.2K</td>
<td>3.1K</td>
<td>1.1K</td>
</tr>
<tr>
<td>BX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$122.00</td>
<td>$29.8K</td>
<td>451</td>
<td>441</td>
</tr>
<tr>
<td>AXP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/10/24</td>
<td>$235.00</td>
<td>$32.4K</td>
<td>1</td>
<td>137</td>
</tr>
<tr>
<td>MA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$425.00</td>
<td>$512.6K</td>
<td>116</td>
<td>96</td>
</tr>
<tr>
<td>FOUR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$55.00</td>
<td>$27.1K</td>
<td>53</td>
<td>50</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$390.00</td>
<td>$43.3K</td>
<td>613</td>
<td>33</td>
</tr>
<tr>
<td>V</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/24/24</td>
<td>$270.00</td>
<td>$28.0K</td>
<td>75</td>
<td>18</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding BAC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), we observe a call option sweep with bullish sentiment. It expires in 60 day(s) on June 21, 2024. Parties traded 300 contract(s) at a $39.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $88.0 per contract. There were 7450 open contracts at this strike prior to today, and today 10427 contract(s) were bought and sold. 
• Regarding C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we observe a call option sweep with bullish sentiment. It expires in 25 day(s) on May 17, 2024. Parties traded 1138 contract(s) at a $65.00 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $27.4K, with a price of $24.0 per contract. There were 24624 open contracts at this strike prior to today, and today 4185 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a call option trade that happens to be bullish, expiring in 4 day(s) on April 26, 2024. This event was a transfer of 50 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $33.2K, with a price of $665.0 per contract. There were 2081 open contracts at this strike prior to today, and today 2990 contract(s) were bought and sold. 
• For AFRM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>), we notice a call option trade that happens to be bullish, expiring in 25 day(s) on May 17, 2024. This event was a transfer of 150 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $35.2K, with a price of $235.0 per contract. There were 3162 open contracts at this strike prior to today, and today 1117 contract(s) were bought and sold. 
• For BX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on April 26, 2024. This event was a transfer of 239 contract(s) at a $122.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $29.8K, with a price of $125.0 per contract. There were 451 open contracts at this strike prior to today, and today 441 contract(s) were bought and sold. 
• Regarding AXP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), we observe a put option trade with bullish sentiment. It expires in 18 day(s) on May 10, 2024. Parties traded 63 contract(s) at a $235.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $515.0 per contract. There were 1 open contracts at this strike prior to today, and today 137 contract(s) were bought and sold. 
• For MA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>), we notice a call option trade that happens to be neutral, expiring in 151 day(s) on September 20, 2024. This event was a transfer of 96 contract(s) at a $425.00 strike. The total cost received by the writing party (or parties) was $512.6K, with a price of $5340.0 per contract. There were 116 open contracts at this strike prior to today, and today 96 contract(s) were bought and sold. 
• Regarding FOUR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOUR#NYSE">FOUR</a>), we observe a put option trade with bearish sentiment. It expires in 116 day(s) on August 16, 2024. Parties traded 50 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $27.1K, with a price of $542.0 per contract. There were 53 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold. 
• For GS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), we notice a call option sweep that happens to be bullish, expiring in 25 day(s) on May 17, 2024. This event was a transfer of 15 contract(s) at a $390.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $43.3K, with a price of $2890.0 per contract. There were 613 open contracts at this strike prior to today, and today 33 contract(s) were bought and sold. 
• Regarding V (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), we observe a put option trade with neutral sentiment. It expires in 32 day(s) on May 24, 2024. Parties traded 50 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $561.0 per contract. There were 75 open contracts at this strike prior to today, and today 18 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AFRM

COIN

FOUR

10 Financials Stocks Whale Activity In Today's Session

CNBC Halftime Report Final Trades: The Goldman Sachs Group, SL Green Realty, Taiwan Semiconductor Manufacturing

Goldman Exits Robo-Investing For Masses In Deal With Betterment; Betterment Will Acquire Clients, Assets Tied To Marcus Invest; Goldman Still Seeks To Expand Marcus Savings-Account Product

Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) has outperformed the market over the past 5 years by 3.88% on an annualized basis producing an average annual return of 15.0%. Currently, Goldman Sachs Gr has a market capitalization of $132.54 billion. 
Buying $1000 In GS: If an investor had bought $1000 of GS stock 5 years ago, it would be worth $2,028.15 today based on a price of $408.40 for GS at the time of writing.
<h3>Goldman Sachs Gr's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713798109_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Goldman Sachs Gr 5 Years Ago Would Be Worth This Much Today

High-rolling investors have positioned themselves bearish on Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in GS often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 16 options trades for Goldman Sachs Gr. This is not a typical pattern.
The sentiment among these major traders is split, with 37% bullish and 62% bearish. Among all the options we identified, there was one put, amounting to $76,360, and 15 calls, totaling $925,177.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $310.0 to $412.5 for Goldman Sachs Gr over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Goldman Sachs Gr's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Goldman Sachs Gr's whale activity within a strike price range from $310.0 to $412.5 in the last 30 days. 
<h3>Goldman Sachs Gr Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713543400_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$75.75</td>
<td>$73.95</td>
<td>$75.75</td>
<td>$360.00</td>
<td>$242.1K</td>
<td style="text-align: right;">61</td>
<td style="text-align: right;">27</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$22.9</td>
<td>$22.35</td>
<td>$22.35</td>
<td>$390.00</td>
<td>$125.4K</td>
<td style="text-align: right;">620</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$33.3</td>
<td>$30.95</td>
<td>$30.95</td>
<td>$390.00</td>
<td>$108.0K</td>
<td style="text-align: right;">35</td>
<td style="text-align: right;">35</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$97.5</td>
<td>$93.95</td>
<td>$97.05</td>
<td>$310.00</td>
<td>$97.0K</td>
<td style="text-align: right;">330</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$33.2</td>
<td>$32.8</td>
<td>$33.2</td>
<td>$410.00</td>
<td>$76.3K</td>
<td style="text-align: right;">406</td>
<td style="text-align: right;">28</td>
</tr>
</tbody>
</table>

<h3>About Goldman Sachs Gr</h3>
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
Following our analysis of the options activities associated with Goldman Sachs Gr, we pivot to a closer look at the company's own performance.
<h3>Current Position of Goldman Sachs Gr</h3>
<ul>
<li>With a volume of 914,478, the price of GS is up 0.52% at $405.19. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 89 days.</li>
</ul>
<h3>Expert Opinions on Goldman Sachs Gr</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $426.6.
<ul>
<li>An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Goldman Sachs Gr, which currently sits at a price target of $435. </li>
<li>An analyst from BMO Capital has decided to maintain their Market Perform rating on Goldman Sachs Gr, which currently sits at a price target of $360. </li>
<li>Showing optimism, an analyst from Argus Research upgrades its rating to Buy with a revised price target of $465. </li>
<li>Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Goldman Sachs Gr with a target price of $440. </li>
<li>Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Goldman Sachs Gr, targeting a price of $433. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Goldman Sachs Gr options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Behind the Scenes of Goldman Sachs Gr's Latest Options Trends

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$370.00</td>
<td>$107.1K</td>
<td>1.8K</td>
<td>1.8K</td>
</tr>
<tr>
<td>NU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$10.00</td>
<td>$46.9K</td>
<td>2.6K</td>
<td>1.8K</td>
</tr>
<tr>
<td>IBKR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$105.00</td>
<td>$60.0K</td>
<td>117</td>
<td>829</td>
</tr>
<tr>
<td>GL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$65.00</td>
<td>$27.2K</td>
<td>1.1K</td>
<td>591</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$210.00</td>
<td>$25.3K</td>
<td>369</td>
<td>433</td>
</tr>
<tr>
<td>C</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$55.00</td>
<td>$27.3K</td>
<td>27.3K</td>
<td>418</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$220.00</td>
<td>$27.1K</td>
<td>1.0K</td>
<td>270</td>
</tr>
<tr>
<td>UBS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$25.00</td>
<td>$26.2K</td>
<td>1.5K</td>
<td>245</td>
</tr>
<tr>
<td>SQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$85.00</td>
<td>$75.7K</td>
<td>10.9K</td>
<td>124</td>
</tr>
<tr>
<td>WAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$60.00</td>
<td>$38.6K</td>
<td>228</td>
<td>89</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For GS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on April 19, 2024. This event was a transfer of 32 contract(s) at a $370.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $107.1K, with a price of $3350.0 per contract. There were 1828 open contracts at this strike prior to today, and today 1835 contract(s) were bought and sold. 
• For NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we notice a put option sweep that happens to be bullish, expiring in 29 day(s) on May 17, 2024. This event was a transfer of 1807 contract(s) at a $10.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $46.9K, with a price of $26.0 per contract. There were 2649 open contracts at this strike prior to today, and today 1820 contract(s) were bought and sold. 
• Regarding IBKR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>), we observe a put option sweep with bearish sentiment. It expires in 29 day(s) on May 17, 2024. Parties traded 500 contract(s) at a $105.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $60.0K, with a price of $120.0 per contract. There were 117 open contracts at this strike prior to today, and today 829 contract(s) were bought and sold. 
• For GL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GL#NYSE">GL</a>), we notice a call option trade that happens to be bullish, expiring in 29 day(s) on May 17, 2024. This event was a transfer of 47 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $580.0 per contract. There were 1184 open contracts at this strike prior to today, and today 591 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a call option trade that happens to be bullish, expiring in 428 day(s) on June 20, 2025. This event was a transfer of 3 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $25.3K, with a price of $8450.0 per contract. There were 369 open contracts at this strike prior to today, and today 433 contract(s) were bought and sold. 
• Regarding C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we observe a put option sweep with bullish sentiment. It expires in 64 day(s) on June 21, 2024. Parties traded 242 contract(s) at a $55.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $27.3K, with a price of $113.0 per contract. There were 27356 open contracts at this strike prior to today, and today 418 contract(s) were bought and sold. 
• For AXP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), we notice a call option sweep that happens to be bullish, expiring in 64 day(s) on June 21, 2024. This event was a transfer of 25 contract(s) at a $220.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $1085.0 per contract. There were 1025 open contracts at this strike prior to today, and today 270 contract(s) were bought and sold. 
• Regarding UBS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>), we observe a put option sweep with bullish sentiment. It expires in 274 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $25.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $131.0 per contract. There were 1514 open contracts at this strike prior to today, and today 245 contract(s) were bought and sold. 
• Regarding SQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), we observe a call option sweep with bearish sentiment. It expires in 29 day(s) on May 17, 2024. Parties traded 473 contract(s) at a $85.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $75.7K, with a price of $160.0 per contract. There were 10994 open contracts at this strike prior to today, and today 124 contract(s) were bought and sold. 
• For WAL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>), we notice a call option trade that happens to be bearish, expiring in 274 day(s) on January 17, 2025. This event was a transfer of 49 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $38.6K, with a price of $788.0 per contract. There were 228 open contracts at this strike prior to today, and today 89 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

IBKR

Investors with a lot of money to spend have taken a bearish stance on Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GS, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 13 options trades for Goldman Sachs Gr.
This isn't normal.
The overall sentiment of these big-money traders is split between 38% bullish and 61%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $25,839, and 12, calls, for a total amount of $822,087.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $350.0 and $420.0 for Goldman Sachs Gr, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Goldman Sachs Gr's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Goldman Sachs Gr's significant trades, within a strike price range of $350.0 to $420.0, over the past month.
<h3>Goldman Sachs Gr 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713449788_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$78.7</td>
<td>$77.55</td>
<td>$77.55</td>
<td>$360.00</td>
<td>$232.9K</td>
<td>37</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$19.25</td>
<td>$19.1</td>
<td>$19.25</td>
<td>$400.00</td>
<td>$96.2K</td>
<td>4.6K</td>
<td style="text-align: right;">53</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$72.2</td>
<td>$70.1</td>
<td>$70.55</td>
<td>$370.00</td>
<td>$70.6K</td>
<td>71</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$78.85</td>
<td>$77.55</td>
<td>$77.55</td>
<td>$360.00</td>
<td>$62.1K</td>
<td>37</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$84.45</td>
<td>$82.8</td>
<td>$82.8</td>
<td>$350.00</td>
<td>$58.0K</td>
<td>94</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>

<h3>About Goldman Sachs Gr</h3>
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
After a thorough review of the options trading surrounding Goldman Sachs Gr, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Goldman Sachs Gr Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 356,033, with GS's price up by 0.79%, positioned at $407.09.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 90 days.</li>
</ul>
<h3>What Analysts Are Saying About Goldman Sachs Gr</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $441.6.
<ul>
<li>Consistent in their evaluation, an analyst from HSBC keeps a Buy rating on Goldman Sachs Gr with a target price of $470. </li>
<li>An analyst from HSBC persists with their Buy rating on Goldman Sachs Gr, maintaining a target price of $460. </li>
<li>An analyst from RBC Capital persists with their Sector Perform rating on Goldman Sachs Gr, maintaining a target price of $405. </li>
<li>An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Goldman Sachs Gr, which currently sits at a price target of $440. </li>
<li>Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Goldman Sachs Gr, targeting a price of $433. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Goldman Sachs Gr, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

A Closer Look at Goldman Sachs Gr's Options Market Dynamics

With <a href="https://www.benzinga.com/news/earnings/earnings-beats/24/04/38220176/major-us-banks-top-q1-earnings-estimates-as-high-interest-rates-offer-tailwinds-indi">big bank earnings now in the rearview mirror,</a> CNCB Mad Money host and stock picker Jim Cramer on Wednesday weighed in on which of them impressed him the most.
What Happened: Cramer was impressed with the earnings reports of Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) and Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>). He added the name of Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) in the same breath.
Cramer premised his picks based on the fee income these banks generated rather than on the net interest income. Fees include income generated from equity and debt underwriting, as well as advisory and asset &amp; wealth management fees. Net interest income, on the other hand, is the difference between the money the banking operation receives on the loans it extends and the money it owes to its depositors.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">When you read through all the big bank quarters so far you like GS and MS so much because of the fees, not the net interest income. Same with Wells Fargo, which had a very good quarter. Big boost in fees
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1780505158616588775?ref_src=twsrc%5Etfw">April 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/money/best-bank-stocks">Best Bank Stocks</a>
Why It&#8217;s Important: The Fed funds rate, which is used as a benchmark to fix various interest rates, is now at a 22-year high of 5.25%-5.50%. This is positive for the net interest income of banks.
The net interest income&#8217;s health also hinges on the provisioning a company sets aside for credit losses. 
For Goldman, which reported a stellar quarter, non-interest revenue rose 21% year-over-year and 26% quarter-over-quarter. Net interest income, meanwhile, was down 10% year-over-year and up 20% sequentially.
JPMorgan Chase &amp; Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), <a href="https://www.benzinga.com/news/earnings/24/04/38219142/whats-going-on-with-jpmorgan-shares-today">which did not appease the Street with its earnings,</a> did report a double beat. Much of the upside was from higher interest income, facilitated by higher rates and larger loan balances stemming from its First Republic Bank takeover.
After taking a dovish stance immediately after the March Federal Open Market Committee meeting, Jerome Powell has reverted to his hawkish stance. In a speech on Tuesday, he said the restrictive rates should persist as long as the inflation remained above the 2% upper ceiling set by the central bank.
The futures market, however, is pricing in a 67.3% possibility of a rate cut in the September meeting.
The iShares U.S. Financials ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) ended Tuesday&#8217;s session down 0.68% at $88.39, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data. </a>
Read Next: <a href="https://www.benzinga.com/news/earnings/24/04/38280369/financial-stocks-fall-after-earnings-major-banks-notch-4-day-losing-streak-regional-banks-hit-lowes">Financial Stocks Fall After Earnings, Major Banks Notch 4-Day Losing Streak: Regional Banks Hit Lowest Level Since Late 2023</a>
Image Via Shutterstock

iShares Dow Jones US Financial Sector Index Fund

Jim Cramer Says He Likes Earnings From These Big Banks 'So Much' — Here's Why

Goldman Sachs Group, Inc. (GS) Annual Shareholders Meeting Call Transcript

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
SoFi Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/sofi-stock-quote/">SOFI</a>) stock is up 32% on the year. The company projected net income of $95-105 million for 2024, driven by the end of the student loan moratorium which boosted loan repayments. Notably, revenues from this segment more than doubled to $919 million in Q3 2023.



SoFi is more than a student loan refinancing company. SoFi&rsquo;s revenue diversification could lead to further growth. The company&rsquo;s non-lending division accounted for 40% of its net revenue in the recent earnings report. Technology platforms also grew by 13%. This diversification boosts financial stability and opens new growth opportunities beyond loans.



<h2>Earnings Report on April 29</h2>



SoFi is set to release its <a href="https://investorplace.com/2024/04/dear-sofi-stock-fans-mark-your-calendars-for-april-29/">Q1 2024 earnings report on Monday</a>, and the market expects to see good results. In the previous report, SoFi impressed the market and surpassed estimates, and investors are expecting the same this time around.



With a strong market cap sitting at $6.94 billion, several research firms issued bullish ratings on SOFI. Analysts have mostly raised their price targets for SOFI stock. 



Goldman Sachs (NYSE:<a href="https://investorplace.com/stock-quotes/gs-stock-quote/">GS</a>) gives SoFi a neutral rating with $8 price target. Needham has a buy rating with a target of $10, while Citigroup (NYSE:<a href="https://investorplace.com/stock-quotes/c-stock-quote/">C</a>) has the same rating but with an $11 target.&nbsp;



However, Mizuho lowered the price target to $12 but still has a buy rating. Overall, SoFi has three sell ratings, six buy ratings, and 10 hold ratings. The average target price is $9.08, implying upside of around 20% from here.



<h2>Retail Investors Hold the Most Influence over SOFI</h2>



The shareholder makeup of SoFi Technologies reveals that <a href="https://finance.yahoo.com/news/while-institutions-own-40-sofi-141259036.html">retail investors hold the majority share at 54%</a>. Conversely, institutions hold 40% of the company&rsquo;s shares.



Institutions often compare their performance to a benchmark, which can increase their interest in a stock once it&rsquo;s included in a primary index. 



SoFi Technologies has institutional investors, suggesting analysts from these firms favor the stock. However, crowded trades, especially in non-growth companies, pose a risk.



While institutional ownership is essential, analyst sentiments also provide valuable insights. Many analysts cover SoFi, making growth forecasts readily available.



<h2>The Next Big Thing in Fintech</h2>



Amid speculation of Federal Reserve rate cuts, SoFi has gained attention. Its focus on prime borrowers minimizes credit risk and opens opportunities for cross-selling various products. SoFi acquired Golden Pacific in 2022, obtaining a full banking license for stable funding.&nbsp;



Analysts consider SoFi a leader in digital lending and neobanking, targeting prime consumers. When lending conditions improve, it could become a significant competitor in the growing fintech landscape.&nbsp;



SoFi has made significant strides in becoming a comprehensive financial institution, but transitioning from $20 billion to $1 trillion in deposits presents a considerable challenge in the short term. 



Its management team has executed well, rapidly introducing new products and gaining customer acceptance. If SoFi maintains this momentum, it could significantly impact the banking sector.



Starting a position in SOFI stock now may be advantageous, given potential future improvements.



On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Chris MacDonald&rsquo;s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/2024/04/sofi-stock-the-smart-play-for-investors-seeking-the-next-fintech-gem/">SoFi Stock: The Smart Play for Investors Seeking the Next Fintech Gem?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

SoFi Stock: The Smart Play for Investors Seeking the Next Fintech Gem?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Goldman Sachs (NYSE:<a href="https://investorplace.com/stock-quotes/gs-stock-quote/">GS</a>) says that by 2030, electric vehicles (EVs) will make up more than 35% of global new car sales. Tesla (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/">TSLA</a>) remains the King of EVs despite consistent hurdles in recent months. But it&rsquo;s evident that the&nbsp;competition is picking up, with other EV companies offering better models at better prices.



According to Bank of America (NYSE:<a href="https://investorplace.com/stock-quotes/bac-stock-quote/">BAC</a>) analysts, Tesla could see a sharp decline of 18% in 2026, marking a 65% decline from its 2022 data. Recent reports show EV sales are slowing, forcing other companies to cut prices and focus more on hybrid models. However, U.S. EV sales hit a record 1.2 million in 2023, with projections for more growth in 2024.&nbsp;



Analysts recommend considering these top <a href="https://investorplace.com/industries/consumer-discretionary/automotive/electric-vehicles/">EV stocks</a> instead of Tesla right now.



<h2>BYD Auto Co. (BYDDF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/09/byddf-stock-1-300x169.jpg" alt="A close-up view of the power supply plugged into a vehicle from BYD Company (BYDDY)."><div>Source: J. Lekavicius / Shutterstock.com</div></div>Warren Buffett showed an early interest in BYD Auto Co. (OTCMKTS:<a href="https://investorplace.com/stock-quotes/byddf-stock-quote/">BYDDF</a>), sending one of his executives to tour its headquarters for China&rsquo;s car market. In 2008, BYDDF&rsquo;s <a href="https://www.moneycontrol.com/news/trends/founder-of-teslas-biggest-rival-drank-battery-fluid-to-impress-investor-berkshire-hathaway-report-11483321.html">co-founder Wang Chuanfu drank battery fluid</a> to showcase its cleanliness. Shortly thereafter, Buffett bought a 10% BYDDF stake for $252M, although he originally offered to buy 25%.



Just today, Shenzhen&rsquo;s EV giant revealed that they have named their <a href="https://www.benzinga.com/news/24/04/38352429/warren-buffett-backed-byd-names-cybertruck-challenger-shark-with-plug-in-hybrid-system-for-extra-bit">newest electric pickup as Shark</a>. The model aims to compete with Tesla&rsquo;s Cybertruck, and many are considering the Shark more than the latter. Also, this is BYDDF&rsquo;s first entry into electric pickups. The price for this model has yet to be disclosed, but it will feature a plug-in hybrid system. The launch date is expected before the end of the year, with this model targeting the global market.&nbsp;



Additionally, BYD Auto Co. surpassed Tesla as the top EV seller in Q4 of 2023. Debuted in November, the Cybertruck is only available in the U.S. market, and it also added some hurdles for its entry in the Chinese market. On the other hand, BYDDF has yet to venture into the U.S., reducing direct competition. The Cybertruck is fully electric, while the Shark uses hybrid technology. 



<h2>Li Auto (LI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/01/shutterstock_2018142317-300x169.png" alt="Li Auto electric car in store. Li Auto Also known as Li Xiang, is a Chinese electric vehicle (EV) company"><div>Source: Robert Way / Shutterstock.com</div></div>Chinese automaker Li Auto (NASDAQ:<a href="https://investorplace.com/stock-quotes/li-stock-quote/">LI</a>) specializes in intelligent electric SUVs focusing on range extension tech, appealing to consumers wary of charging. In fiscal year 2023, Li Auto delivered 376,000 vehicles, an 182.2% year-over-year (YOY) increase, maintaining lower prices and expanding margins efficiently. Analysts forecast 75% upside with a $51 target on LI stock.



Recently, the EV company <a href="https://www.reuters.com/business/autos-transportation/chinas-li-auto-cuts-car-prices-market-share-battle-2024-04-22/">slashed prices by 5% on four models</a>, continuing the ongoing EV price war. The move follows Tesla&rsquo;s and BYDDF&rsquo;s price cuts. Li Auto cut prices by 18,000 to 30,000 yuan ($2,485-$4,142) and offered refunds to recent buyers. Earlier discounts were offered in January.



The Li L6 received <a href="https://cnevpost.com/2024/04/22/li-auto-l6-10000-orders-72-hours/">10,000+ orders within 72 hours of availability.</a> The vehicles are now in Li Auto&rsquo;s 480 retail centers in China. The Li L9, launched in 2022, had over 30,000 orders in the same timeframe. The company required a RMB 5,000 deposit for each Li L9 order, refundable within a specified period. The Li L6 launched on April 18 with Pro and Max trims, priced at RMB 249,800 and RMB 279,800. Orders opened with a RMB 5,000 refundable deposit.



<h2>Panasonic Holdings Corp. (PCRFY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/05/pcrfy1600a-300x169.jpg" alt="A Panasonic (PCRFY) sign hanging in Beijing, China. generation z"><div>Source: testing/Shutterstock.com</div></div>Panasonic Holdings Corp. (OTCMKTS:<a href="https://investorplace.com/stock-quotes/pcrfy-stock-quote/">PCRFY</a>) stands out for its battery technology and diverse electronics portfolio. Collaborations with Tesla, Mazda and Toyota enhance its market presence. Despite market challenges, PCRFY aims to quadruple capacity by 2031. It is focusing on silicon-based technology for EV advancements and solid-state batteries for robotics and drones.



The company is still somehow dependent on Tesla&rsquo;s growth. In 2023, Panasonic aimed to <a href="https://www.reuters.com/business/autos-transportation/panasonic-boost-battery-output-teslas-nevada-gigafactory-nikkei-2023-06-05/">increase more production</a>, with plans to increase the numbers by 10% in Tesla&rsquo;s Nevada factory. Also, Panasonic&rsquo;s production numbers are expected to quadruple by 2031. Notably, the company is expanding its U.S. manufacturing and partners with Lucid. Investments in silicon-based and solid-state battery tech ensure this battery giant&rsquo;s long-term relevance.&nbsp;



Moreover, Shinobi Therapeutics <a href="https://pharmaceuticalmanufacturer.media/pharma-manufacturing-news/latest-pharmaceutical-manufacturing-news/panasonic-and-shinobi-therapeutics-to-partner/">partnered</a> with Panasonic Holdings Corp. and Kyoto University&rsquo;s CiRA to develop an efficient, low-cost iPS-T cell therapy manufacturing platform. Panasonic aims to make these therapies more accessible. Nissan and PCRFY will soon introduce <a href="https://japannews.yomiuri.co.jp/business/companies/20240421-181518/">a service connecting car data to home appliances</a> via Internet of Things (IoT). Relevant information, like the charging status of your vehicle, will be able to be seen on TV screens or through home appliances. That&rsquo;s the future, and Panasonic Holdings Corp. is really leading the way in some important innovations right now.



On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Chris MacDonald&rsquo;s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/tesla-alternatives-3-ev-stocks-poised-to-outpace-elons-empire-in-the-long-term/">Tesla Alternatives: 3 EV Stocks Poised to Outpace Elon&#8217;s Empire in the Long Term</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Tesla Alternatives: 3 EV Stocks Poised to Outpace Elon's Empire in the Long Term

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Since the noteworthy Reddit (NYSE:<a href="https://investorplace.com/stock-quotes/rddt-stock-quote/">RDDT</a>) initial public offering (IPO) that <a href="https://investorplace.com/2024/03/reddits-ipo-roller-coaster-pump-the-brakes-on-rddt-stock/">rocked markets</a> in March, Wall Street hasn&rsquo;t witnessed any more exciting trading debuts. However, that looks like it will change today as a fast-growing tech startup begins its journey as a publicly traded company.



Rubrik (NYSE:<a href="https://investorplace.com/stock-quotes/rbrk-stock-quote/">RBRK</a>) is based out of Palo Alto, California and operates in the cloud data management and security space. Its decision to go public could signal that the tech IPO market is finally mounting a comeback after years of stagnating as investors focused on bigger stocks. Today, Wall Street will be looking to determine whether the RBRK stock IPO will be a crucial turning point for the tech sector, compelling similar companies to follow suit.



Renaissance Capital Senior IPO strategist Matt Kennedy spoke to Fortune about the <a href="https://ca.finance.yahoo.com/news/rubrik-valued-5-6-billion-002855583.html">potential implications</a> of this key trading debut:




&ldquo;There are dozens of unprofitable tech unicorns waiting to go public. So if this does well, I&rsquo;d expect a number of those to move forward [&hellip;] There&rsquo;s some excitement over finally getting that high-growth tech company. But at the same time, investors will be quick to pull their money out if they don&rsquo;t see a good result.&rdquo;




With that in mind, the stakes are high as the RBRK stock IPO begins trading today. What else should investors know about the latest unicorn to go public? Let&rsquo;s take a closer look.



<h2>RBRK Stock IPO: What to Know</h2>



<ul><li>Founded in 2014, Rubrik <a href="https://www.rubrik.com/company">boasts</a> a mission to &ldquo;secure the world&rsquo;s data.&rdquo; Its website claims that, by next year, its cybercrime business will be worth up to $10 trillion.</li>



<li>In an <a href="https://www.sec.gov/Archives/edgar/data/1943896/000119312524097005/d359771ds1a.htm">S-1 filing</a> with the U.S. Securities and Exchange Commission (SEC), Rubrik revealed that it ended January 2024 with 3,100 staff members located in 23 countries.</li>



<li>RBRK stock is priced at $32 per share as it begins trading today, which is expected to raise <a href="https://www.cnbc.com/2024/04/24/rubrik-prices-ipo-at-32-per-share-above-expected-range.html">$752 million</a>. That price is higher than the <a href="https://www.fastcompany.com/91112976/rubrik-ipo-stock-price-today-microsoft-backed-nyse">original estimation</a>, which ranged between $28 and $31 per share.</li>



<li>According to a <a href="https://www.rubrik.com/company/newsroom/press-releases/24/rubrik-announces-pricing-of-upsized-initial-public-offering">statement</a> released by the company, the RBRK stock IPO consists of 23.5 million shares of Class A common stock.</li>



<li>Reuters reports that, following the IPO, Rubrik <a href="https://www.reuters.com/markets/deals/microsoft-backed-rubrik-prices-ipo-above-range-32-per-share-source-says-2024-04-24/">will be valued</a> at roughly $5.6 billion &ldquo;based on the outstanding shares listed in its filing with the [SEC].&rdquo;</li>



<li>Tech sector leader Microsoft (NASDAQ:<a href="https://investorplace.com/stock-quotes/msft-stock-quote/">MSFT</a>) made an <a href="https://www.bloomberg.com/news/articles/2024-04-25/microsoft-backed-rubrik-exceeds-ipo-goal-to-raise-752-million">equity investment</a> in Rubrik in 2021. Other backers include Bain Capital Ventures,&nbsp;Lightspeed Venture Partners and Khosla Ventures.</li>



<li>Rubrik&rsquo;s software is used by many high-profile clients spanning different industries. Its customer list includes Goldman Sachs (NYSE:<a href="https://investorplace.com/stock-quotes/gs-stock-quote/">GS</a>) and Citigroup (NYSE:<a href="https://investorplace.com/stock-quotes/c-stock-quote/">C</a>), among others.</li>
</ul>On the date of publication, Samuel O&rsquo;Brient&nbsp;did not hold (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>Samuel O&rsquo;Brient is a Reporter for InvestorPlace, where his work focuses primarily on financial markets, global economic trends, and public policy. O&rsquo;Brient writes a weekly column on recent political news that investors should be following.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/2024/04/rbrk-stock-ipo-7-things-to-know-as-rubrik-starts-trading-today/">RBRK Stock IPO: 7 Things to Know as Rubrik Starts Trading Today</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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Weitz Partners III Opportunity Fund Q1 2024 Commentary

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Chasing massive gains is a universal desire that drives investors to bet on&nbsp;various&nbsp;high-risk, high-reward assets. These can include the likes of <a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks</a>, cryptocurrencies, and even lottery tickets.&nbsp;However,&nbsp;in my view,&nbsp;penny stocks offer the most compelling risk-reward proposition.&nbsp;Unlike lotteries or purely speculative cryptos, penny stocks represent actual underlying businesses with growth potential. If these companies can exceed Wall Street&rsquo;s expectations and deliver explosive growth, transforming a modest investment into a 10-bagger investment is&nbsp;certainly&nbsp;possible.



The current market environment presents an opportune moment to hunt for such hidden gems. Many promising penny stocks are trading at depressed valuations.



Of course, thorough due diligence is essential when&nbsp;traversing into&nbsp;the penny stock space.&nbsp;You need to focus&nbsp;on identifying undervalued businesses with minimal dilution&nbsp;risk,&nbsp;and the financial runway to sustain operations until profitability&nbsp;is achieved.



With that said,&nbsp;let&rsquo;s dive into three compelling penny stocks that could potentially turn your $1,000 investment into $10,000 or more within the next two years.&nbsp;



<h2>Ouster (OUST)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/12/lidar-stocks-300x169.jpg" alt="Graphic demonstrating self-driving car technology"><div>Source: Shutterstock</div></div>Ouster (NYSE:<a href="https://investorplace.com/stock-quotes/oust-stock-quote/">OUST</a>) is a lidar company. The lidar industry has faced significant headwinds in recent quarters,&nbsp;largely&nbsp;due to the automotive sector&rsquo;s downturn&nbsp;driven by rising interest rates.&nbsp;However, as rates inevitably decline and consumer demand for big-ticket items rebounds, the lidar market could experience a resurgence. Many companies are actively exploring lidar technology.



It is currently costlier than alternatives. But lidar&rsquo;s expensive status is steadily decreasing. That could position the technology for widespread adoption as self-driving vehicles and robots become mainstream.&nbsp;Ouster is a standout performer among lidar stocks, and its stock price has acted accordingly. Over the past year, OUST stock is up an impressive 129%.&nbsp;I see significant potential for further appreciation as the company continues executing well.



Analysts anticipate Ouster will <a href="https://seekingalpha.com/symbol/OUST/earnings/estimates">achieve profitability by 2027</a>. If these projections materialize, you&rsquo;re&nbsp;effectively&nbsp;paying just&nbsp;2-times forward earnings at current levels. Furthermore, revenue is forecasted to exceed a staggering $2.2 billion by 2030 &ndash; a remarkable outlook for a company with a modest $300 million market capitalization today.



<h2>Data Storage Corp (DTST)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/big-data-visual-300x169.png" alt="An image of different overlaid data charts"><div>Source: solarseven/Shutterstock</div></div>While less speculative than Ouster, Data Storage Corp (NASDAQ:<a href="https://investorplace.com/stock-quotes/dtst-stock-quote/">DTST</a>) also presents compelling upside potential, with multi-bagger returns well within reach. The company could become an attractive acquisition target, or secure major contracts. Either way, it is one of the few pure-play data center and cloud computing providers available to investors. Big Tech has a&nbsp;monopoly on this high-growth sector. Thus, Data Storage Corp offers a rare direct exposure opportunity to this space.



You&rsquo;re paying just <a href="http://seekingalpha.com/symbol/DTST/earnings/estimates">17-times forward 2025 earnings</a>&nbsp;for this stock. That&rsquo;s an attractive entry point in my view.&nbsp;



Just look at the numbers. Data Storage Corp&rsquo;s CloudFirst segment achieved $13.5 million in revenue for 2023, with a net income of approximately $2.6 million and adjusted EBITDA of $3.8 million, reflecting a robust 28% EBITDA margin.&nbsp;The company&rsquo;s flagship segment contributed $10.4 million in revenue, with net income of around $28,000 and over $400,000 in adjusted EBITDA, marking a substantial $1.8 million swing from the prior year&rsquo;s $1.3 million loss.



These impressive margin expansion trends bode well for Data Storage Corp&rsquo;s organic growth trajectory&nbsp;going forward. The stock could&nbsp;deliver outsized returns as the data center market continues growing.



<h2>Applied Digital Corporation (APLD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/crypto-slot-machine-bitcoin-tether-litecoin-1600-300x169.jpg" alt="Slot machine graphic in gold in silver with blue background displaying Bitcoin, Tether and Litecoin logos, symbolizing crypto slot machine/gambling"><div>Source: shutterstock.com/VictorWard</div></div>Applied Digital Corporation (NASDAQ:<a href="https://investorplace.com/stock-quotes/apld-stock-quote/">APLD</a>) shares similarities with Data Storage Corp as a data center and AI play, but with a unique twist &ndash; its current concentration in serving the crypto mining industry. While Applied Digital markets itself as an AI and data company, a significant portion of its revenue currently stems from renting out its data centers to cryptocurrency miners.



However, I view this exposure as a positive differentiator. Following the recent Bitcoin (<a href="https://investorplace.com/cryptocurrency/btc-usd/">BTC-USD</a>) halving event, crypto miners are aggressively expanding their mining footprints, as they now require double the computing power to mine the same amount of Bitcoin. This dynamic directly translates into increased business opportunities for Applied Digital.



Moreover, this is not merely a blockchain play. The company has strategically repositioned itself as an AI contender. It has partnerships with industry giants like Dell (NYSE:<a href="https://investorplace.com/stock-quotes/dell-stock-quote/">DELL</a>), Nvidia (NADSAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>), Goldman Sachs (NYSE:<a href="https://investorplace.com/stock-quotes/gs-stock-quote/">GS</a>), and JPMorgan (NYSE:<a href="https://investorplace.com/stock-quotes/jpm-stock-quote/">JPM</a>). Plus, its Sai Computing brand has cloud services for AI applications, with more contracts already secured. Applied Digital has also expanded its high-performance computing (HPC) hosting capacity.



Analysts forecast this company will <a href="http://seekingalpha.com/symbol/APLD/earnings/estimates">approach breakeven by 2026</a>, accompanied by triple-digit revenue growth projections. The company&rsquo;s revenue&nbsp;is expected&nbsp;to soar from $83 million in 2023 to an impressive $505 million by 2026. I wouldn&rsquo;t be surprised to see profitability as early as 2027 with this kind of growth trajectory.



On Penny Stocks and Low-Volume Stocks:&nbsp;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&nbsp;<a href="http://investorplace.com/" target="_blank">InvestorPlace.com</a>&rsquo;s writers disclose this fact and warn readers of the risks.



Read More:&nbsp;Penny Stocks &mdash;&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/">How to Profit Without Getting Scammed</a>



On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a>
<div>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/3-stocks-to-buy-if-you-want-to-turn-your-1000-into-10000-within-2-years/">3 Stocks to Buy if You Want to Turn Your $1,000 into $10,000 Within 2 Years</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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We are raising our rating on Goldman Sachs Group Inc. (GS) to "Buy" from "Hold" following 1Q results, which demonstrated the considerable strengths of the Goldman franchise during an investment banking upturn.

GS: Profiting By Re-Focusing On Investment, Rather Than Consumer, Banking

L'Occitane's owner is said to prepare buyout offer

Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) is exploring the option of exiting its General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) credit card business, the Wall Street Journal reported. Per...

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Goldman Sachs Gr Stock (NYSE:GS), Short Interest Report

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