Goldman Sachs Outperforms Finance Sector with 16.2% Year-to-Date Gain

Zacks Investment Research··Read original
2▲2 ▼0Impact / 5
Summary · why it matters

Goldman Sachs has returned 16.2% year-to-date, outperforming the broader Finance sector's average gain of 5.3%. The stock holds a Zacks Rank #2 (Buy), with its full-year earnings consensus estimate rising 4% over the past quarter. Within the Financial - Investment Bank industry, which has gained 7.6% this year, Goldman Sachs is also ahead. Another Finance stock, Abacus Global Management, has returned 38.7% year-to-date, while its industry, Financial - Miscellaneous Services, has declined 8.2%.

Impact on assets 2

Financials▲ · 2 stocks
Goldman Sachs Group Inc
GS
▲ PositiveCapitalrelevance

Goldman Sachs is the main subject, with a 16.2% YTD gain, Zacks Rank #2 (Buy), and rising earnings estimates.

Abacus Global Management, Inc.
ABX
▲ PositiveCapitalrelevance

Abacus Global Management is mentioned as having returned 38.7% year-to-date, outperforming its industry, which is a positive financial performance indicator.