Previous close | 3.2800 |
Open | 4.5100 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 447.50 |
Expiry date | 2024-06-28 |
Day's range | 3.1500 - 4.9000 |
Contract range | N/A |
Volume | |
Open interest | 86 |
(Bloomberg) -- It has become one of the most popular — and more recently, painful — trades among arbitrageurs on Wall Street: buying Taiwan Semiconductor Manufacturing Co.’s lower-valued Taipei shares and shorting the US stock on hopes prices will converge.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanHedge Fund Talent Schools Are Looking for the Perfect TraderPutin’s Hybrid War Opens a Secon
Goldman's (GS) focus on its core business, strategic restructuring and improving revenue mix, and a strong balance sheet are likely to aid its financials. These make the stock an attractive pick for investors.
The average brokerage recommendation (ABR) for Goldman (GS) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?