The Goldman Sachs Group, Inc. (GS): Why This Mega-cap Stock Could Continue Surging Post 52-week Highs

We recently compiled a list of the 10 Mega-Cap Stocks That Could Continue Surging Post 52-Week Highs. In this article, we are going to take a look at where The Goldman Sachs Group, Inc. (NYSE:GS) stands against the other mega-cap stocks.

The US stock markets have gone up leading up to the day of President Donald Trump’s inauguration. All the major indices are set to continue their optimism from last week, when the Dow, the S&P, and the Nasdaq all reported gains of over 3.7%.

Even though the S&P had hardly moved from its early November levels when the election happened, many mega-cap stocks continue to register 52-week highs. We looked at some of these stocks and why they are expected to continue surging up with the earnings season already underway.

To come up with our list of 10 mega-cap stocks that could continue surging post 52-week highs, we only considered stocks that have recently hit their 52-week highs and have a market cap of at least $150 billion.

A close-up of a financial advisor giving advice to a customer, demonstrating the importance of consumer and wealth management.

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

The Goldman Sachs Group, Inc. is a worldwide financial services provider that operates through platform solutions, global banking & markets, and other segments. The global banking and markets segment is the key driver of earnings for the bank.

Analysts are hopeful about the company as the expected EPS growth for 2025 and 2026 is 18% and 13% respectively. This growth makes GS’s valuation quite attractive. Financial companies were some of the strongest performers in the last year, helping investors generate strong returns.

The bank’s stock has surged over 60% in just a year. Though lower interest rates might affect earnings, investors should take it as an opportunity and be bullish about the bank’s future outlook and earning potential.

Overall GS ranks 6th on our list of the mega-cap stocks that could continue surging post 52-week highs. While we acknowledge the potential of GS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as GS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article was originally published at Insider Monkey.