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Why This Wildly Undervalued Stock Is a Good Buy for 2022

Dave Kovaleski, The Motley Fool
·4-min read
Why This Wildly Undervalued Stock Is a Good Buy for 2022

Goldman Sachs (NYSE: GS) saw its stock price tumble 8% on Jan. 18 after the release of fourth-quarter earnings that showed the investment bank had lower earnings and missed analysts' estimates. Goldman Sachs' stock price is down about 8% year to date as of Jan. 20, and pretty much all of that dip came after its fourth-quarter earnings report. The bank missed analysts' estimates for the first time in seven quarters, with earnings per share (EPS) at $10.81, below the consensus estimate of $11.77.

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