Company Of The Day: Goldman Sachs

+3.77%
Upside
403
Market
418
Trefis
GS: Goldman Sachs logo
GS
Goldman Sachs

What?

Bloomberg reports that Apple is working on a new service in partnership with Goldman Sachs (NYSE:GS), that will enable customers to pay for their Apple Pay purchases in installments. Goldman will apparently serve as the lender for the loans required for the installment offerings.

So What?

Relevant Articles
  1. Trailing S&P500 By 18% Since The Start Of 2023, What To Expect From Goldman Sachs Stock?
  2. Down 12% In The Last Twelve Months, Where Is Goldman Sachs Stock Headed?
  3. What To Expect From Goldman Sachs Stock?
  4. Goldman Sachs Stock Is Undervalued At The Current Levels
  5. Goldman Sachs To Edge Past the Consensus In Q1
  6. Goldman Sachs Stock Is Trading Below Its Intrinsic Value

Goldman has been looking to double down on areas such as consumer finance while reducing its exposure to more volatile businesses such as trading. The company already works with Apple on the Apple credit card. A “Buy Now Pay Later” offering could further Goldman’s push into the consumer space.

See Our Complete Analysis For Goldman Sachs

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market since 2016

See all Trefis Price Estimates and Download Trefis Data here

What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams