10 Best Stocks to Buy According to Billionaire Chris Rokos

4. Goldman Sachs Group Inc. (NYSE:GS)

Rokos Capital Management’s Stake as of Q4 2024: $226.5 million

Number of Hedge Fund Holders: 81

Goldman Sachs Group, Inc. (NYSE:GS) is an American financial behemoth that serves companies, governments, and individuals worldwide. It operates in three major segments: Global Banking & Markets, Asset & Wealth Management, and Platform Solutions. On April 14, Goldman Sachs Group, Inc. (NYSE:GS) declared a quarterly dividend of $3.00 per share, in line with previous. The dividend will be paid out on June 27 to shareholders on record as of May 30.

On April 15, RBC Capital revised its outlook for Goldman Sachs Group Inc. (NYSE:GS) shares, lowering the price target from $610 to $560 but maintaining a Sector Perform rating. The change comes after Goldman Sachs reported its first-quarter earnings, which were boosted by record equity trading performance. In order to establish more consistent income streams, Goldman Sachs Group, Inc. (NYSE:GS) has expanded its wealth and asset management services, as well as its private banking and lending businesses. In the first quarter of 2025, these sectors generated a combined $3.4 billion in revenue. Equities trading also saw record success, with a 27% rise year-over-year.

Nightview Capital stated the following regarding The Goldman Sachs Group, Inc. (NYSE:GS) in its Q4 2024 investor letter:

“Finance is transforming. Technology is democratizing access, reshaping wealth management, and enabling entirely new models of investing. From algorithmic trading to digital-first advisory platforms, the sector is evolving rapidly. Investors demand smarter, more sustainable options. The potential is significant, and we are focused on companies shaping how people save, invest, and transact in the years to come.

The Goldman Sachs Group, Inc. (NYSE:GS): Core Opportunity: Goldman Sachs continues to lead investment banking while growing in asset and wealth management. Its adaptability and focus on core strengths position it for sustained growth.

Key Highlights: Resilient Revenue: Q3 2023 revenue reached $12.7 billion (+7% YoY), driven by the Global Banking & Markets division, which contributed $8.6 billion (+7% YoY).

Investment Banking Leadership: Fees rose 20% YoY, maintaining Goldman’s #1 position in M&A and stock offerings.

Asset & Wealth Management Growth: Revenue climbed 16% YoY to $3.75 billion, with assets under supervision at $3 trillion.

Investment Case: Goldman’s pivot away from consumer products and focus on higher-margin businesses creates a more sustainable growth trajectory. With strong shareholder returns and potential upside in investment banking, Goldman retains their status as the top tier financial institution.”