Laszlo Birinyi's Top Stock Pick Is Goldman Sachs

By Benzinga Staff
November 10, 2009 9:40 AM

Symbols: GS, WMT

Posted in: Long Ideas, Trading Ideas

Laszlo Birinyi says his favorite stock pick is Goldman Sachs (NYSE: GS). Additionally, Birinyi said he favors the retail sector excluding Walmart (NYSE: WMT), which reports earnings on Thursday. Goldman Sachs has risen 109% this year while the S&P Retailing Index has spiked 44.34%.

Birinyi says there is 'no basis' for a market correction.
Additionally, he said a lot of ETFs are inefficient.

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Laszlo Birinyi's Top Stock Pick Is Goldman Sachs

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