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The Goldman Sachs Group, Inc.

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Goldman’s shares outperformed the Zacks categorized Investment Brokers industry in 2016. The company’s fourth-quarter 2016 results outpaced the Zacks Consensus Estimate on high fixed-income revenues and lower expenses. Notably, the Fixed Income, Currency and Commodities Client Execution unit experienced improved market conditions, with rise in interest rates and tighter credit spreads. Goldman’s well-diversified business and its focus to capitalize on growth opportunities through strategic moves, including its new digital consumer lending platform, should continue to bolster its overall business. Though several issues including sluggish global economic growth and a stringent regulatory landscape remain near- to medium-term headwinds, the company is poised to benefit from its disciplined expense management and solid capital position.

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