1 Cheap Stock to Buy Now
With the market volatility we have seen in the past month, it's a good time for investors to look around for stocks that may be good values. In the financial sector, in particular, there are some good companies that are trading at low prices relative to their earnings and book value.
There may be no financial right now that is a better value than Goldman Sachs (NYSE: GS). This storied investment bank is trading at a value right now that is too low to ignore.
Goldman Sachs is one of the top investment banks in the world, with a rich history dating back more than 150 years. The company, however, has been in transition the past couple of years, diversifying from its investment banking roots to consumer banking through its digital bank Marcus, alternative investments, and other areas -- in addition to its strong trading and asset management businesses -- to broaden its revenue stream.
Source Fool.com
