Should You Buy, Hold, or Sell Goldman Sachs After Its Q3 Earnings?

The Goldman Sachs Group, Inc. (GS) , which released its third-quarter 2024 results on Oct. 15, 2024, registered solid growth in its investment banking (IB) business. Driven by a robust performance, the company's profits jumped 56% in the first nine months of 2024. With the strong quarterly results, GS refocused on its core strengths of IB and trading operations while scaling back its consumer banking footprint, which is encouraging. Let us determine whether now is the right time to buy Goldman Sachs' shares ...