Better Buy: Goldman Sachs or Morgan Stanley
When one thinks of prestigious, white-shoe, Wall Street investment banks, Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) are often the first two firms that come to mind. Goldman Sachs has roots that date back to 1869, while Morgan Stanley opened its doors in 1935.
They've been around a long time and remain two of the largest and most successful financial services institutions in the world. But given the difficult environment for investment banking, the last two years have been a struggle. Are these titans still buys -- and if so, which one is the better investment right now?
Source Fool.com
