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The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting. It also provides investment banking to institutional investors.
Goldman Sachs is firing on all cylinders with earnings up 24% and revenue up 15% year-over-year. Its near 30% profit margin shows the business is highly efficient. The stock looks reasonably priced for a financial firm with this kind of growth.
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