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Goldman Sachs shatters Q4 earnings; ProPicks' Beat S&P 500 strategy soars on news

Published 01/16/2024, 08:26 AM
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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.

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