Goldman Sachs Could Trade Above $400.00
Thursday, July 16, 2009
So Meredith is giving Goldman Sachs a price target of $186.
Meredith's estimate Goldman Sachs fy 2009 earnings is $16.59 (up from $10.80).
And her estimates for Goldman Sachs for fy 2010 is $19.65.
Of course, her numbers is well above what the other pros from Wall Streets but mind you, Meredith was the closest in her estimates of $4.65 a share the other day (the street estimates were around $3.48). GS did $4.93.
Me?
As usual, since I am no pro and do note I could be so wrong also, I think her estimates could be conservative. By 2010, as much as my dislike of how Goldman Sachs and the financial industry, I do believe that Goldman Sachs could perhaps generate earnings of $35.00 for its fiscal year 2010.
Yes, that much, I reckon!
Of course, this is my estimate and there is a strong likelyhood that I could be wrong.
But if I am correct, don't you reckon Goldman Sachs is worth a shot now?
Don't you think Goldman Sachs is worth a bargain at 156.00?
LOL!
Can't believe what you are reading?
Me too! I cannot believe what my fingers are doing right now. :p2
So how now my dearest?
Not too late to look for entry to buy this stock! :p2
Here's the time stamp. :D
Or how about Unker Buffy? As per posting, Berkshire's Sitting On A Tidy Profit From Its Investment In Goldman Sachs, Berkshire is sitting really pretty on its investment in GS and more so that Berkshire's investment generates an additional 10% dividend yield per annum. Brka is now trading at $90,245
ps. GS was only 149.00 then.
ps. I think there's a strong chance that Berkshire could see a four bagger in this investment within a five year time frame! Yes, a four bagger! Which means GS should be worth at least.....
0 comments:
Post a Comment