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Goldman Sachs shatters Q4 earnings; ProPicks' Beat S&P 500 strategy soars on news
Investing.com — Goldman Sachs (NYSE:GS) reported its Q4/23 results today, with EPS of $5.48 coming in better than the consensus estimate of $3.80. Following the results, Goldman Sachs’ shares rose more than 1% pre-market today.
Revenue grew 7% year-over-year to $11.32 billion, beating the consensus estimate of $10.83B. The increase reflected higher net revenues in Asset & Wealth Management and Platform Solutions, partially offset by lower net revenues in Global Banking & Markets.
Goldman Sachs' extraordinary performance was seen in advance by our flagship AI-powered stock-picking toll: ProPicks. The company has been an integral part of our Beat the S&P 500 strategy since December.
This strategy, powered by advanced AI technology, focuses on identifying high-potential stocks from the S&P 500 index, highlighting the 20 standout top-performers each month with the highest probability to lead the pack.
In fact, if you had joined ProPicks in December, you would have scored an 8% gain on Goldman Sachs alone.
And this is just one of the picks within our impressive selection of 70+ stocks divided among our six market-beating strategies. The real secret behind our outperformance lies in the strength of our curated list of winners - and not just on single picks.
Want to see all 20 stocks from the Beat the S&P 500 strategy and all other strategies? Subscribe now - up to 50% off in our New Year’s sale.
For investors looking to capitalize on such market opportunities, InvestingPro's AI-powered strategies offer a data-driven approach to stock selection. With these tools, investors can navigate the market with confidence, backed by the power of AI analysis.
With our six strategies, including the flagship Beat the S&P 500 which outperformed the market by a lofty 744.9% over the last decade, investors have the best selection of stocks in the market at the tip of their fingers every month.
Subscribe here for up to 50% off as part of our year-end sale and never miss a bull market again!
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