Part 3/7:
Scott Nations, a market analyst, suggests that while there are opportunities with Goldman, it may not be a “screaming buy.” The revenue from M&A can be very competitive and often requires substantial investment in new talent, which can introduce volatility. To mitigate this, Goldman recently announced plans to launch a service called the “family office in a box,” aimed at high-net-worth clients. This strategic move could help stabilize revenue streams.
Nations advises waiting for a pullback before making any purchases, indicating that a price below $525 per share would be more attractive for investors considering an entry point in Goldman Sachs.