Portfolio Update
GS
Hello, Subscribers:
As regular readers realize, it’s not often we offer up an outright sale on one of our prior picks-to-click. However, as you may suspect, you are about to read an exception. Goldman Sachs (GS) was twice highlighted in 2024, first on May 28th of that year and then again, with a bit more detail, on August 5th. Here is the stock chart we ran in the second iteration:
Per that visual, it was trading at $460 back then. Today, it is around $1,080, a gain of ~130%, not counting dividends. Naturally, we’re thrilled by this outcome and we hope a number of Haymaker subscribers, at least of the paying variety, pounced on this one. At this point, though, we are concerned that there’s a lot more downside over the next year or so than upside.
