Is Goldman Sachs Undervalued Right Now?
It's been a volatile year for the stock market, and the S&P 500 was off to its worst start in over 50 years in the first half of 2022.
However, for long-term investors, these are the times you can make some real money. Stocks have been beaten up across the board, and many top-quality companies have seen their valuations and earnings hit. One company feeling the impact is Goldman Sachs (NYSE: GS).
After a record year last year, the investment bank has seen its earnings and stock price fall. The stock currently trades near its cheapest valuation in years, which raises the question: Is now a good time to buy this value stock?
Source Fool.com