15 Best Cheap Stocks to Buy for 2025

13. Goldman Sachs Group, Inc. (NYSE:GS)

Forward P/E Ratio as of January 15: 13.00

Number of Hedge Fund Investors: 72

The Goldman Sachs Group, Inc. (NYSE:GS) is a leading global investment banking, securities, and investment management firm with a history dating back to 1869. The firm operates across four main business segments: Global Banking & Markets, Asset & Wealth Management, Consumer & Wealth Management, and Platform Solutions.

The Goldman Sachs Group, Inc. (NYSE:GS) is focusing on enhancing its financing capabilities and expanding its leadership in private credit. The firm recently formed the Capital Solutions Group to provide a comprehensive suite of financing, origination, structuring, and risk management services. This strategic move is designed to capitalize on the growing trend of private credit and alternative asset classes, which offer investors superior returns and diversification.

Additionally, The Goldman Sachs Group, Inc. (NYSE:GS) is investing in digital capabilities to enhance the client experience and drive operational efficiency. The firm is scaling its flagship fund programs and developing new strategies to attract both institutional and third-party wealth clients. These efforts are expected to drive high-single-digit annual growth in the coming years.

The Goldman Sachs Group, Inc. (NYSE:GS) has also launched a three-year program to optimize its organizational footprint, manage expenses, and leverage technology to drive productivity. This includes expanding its presence in strategic locations, optimizing transaction-based expenses, and reducing operating costs associated with consolidated investment entities. The Goldman Sachs Group, Inc. (NYSE:GS) is also investing heavily in artificial intelligence (AI) and automation to modernize its technology to transform its engineering capabilities.