5 Cheap Blue Chip Stocks To Buy

3. The Goldman Sachs Group, Inc. (NYSE:GS)

Forward Price To Earnings Ratio: 9.22

The Goldman Sachs Group, Inc. (NYSE:GS) is another large American bank. It is having a rough time as of late due to several unprofitable business divisions and a lack of confidence in its CEO Mr. David Solomon. However, The Goldman Sachs Group, Inc. (NYSE:GS) is aiming to see profits soon from a new business division created by a merger of its wealth management and asset management sections.

Insider Monkey scoured through 910 hedge funds for their shareholdings during this year’s June quarter to find 70 The Goldman Sachs Group, Inc. (NYSE:GS) shareholders. Out of these, Ken Fisher’s Fisher Asset Management owns the biggest stake which is worth $1.6 billion.

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