8 Best Financial Stocks to Buy According to Billionaire Ken Fisher

Page 8 of 8

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

Share Price Return Between July 1 and November 13: 14.02%

Fisher Asset Management’s Q2 Stake Value: $4.62 billion

Number of Hedge Fund Holders: 73

The Goldman Sachs Group, Inc. (NYSE:GS) ranks among the best financial stocks to buy according to billionaire Ken Fisher. In a market that’s awakening to large-scale acquisitions, The Goldman Sachs Group, Inc. (NYSE:GS) seems to be stepping into the fast lane. On November 12, the bank announced that it is entering the talent agency industry. In a deal reportedly worth about $1 billion, the private equity branch of the bank’s alternatives division acquired the majority of Excel Sports Management. Through the agreement, Goldman Sachs Alternatives will invest in technology and data-driven capabilities, while offering strategic and financial support to increase Excel’s global presence in sports, media, and sponsorship.

In a similar vein, The Goldman Sachs Group, Inc. (NYSE:GS) will receive $110 million for advising Electronic Arts on their record-breaking $55 billion take-private deal, which is the most profitable M&A deal in the investment bank’s history.

According to an SEC filing on November 11, The Goldman Sachs Group, Inc. (NYSE:GS) received $10 million when the EA take-private transaction was announced. The final $100 million fee will be paid at the close of the transaction.

The Goldman Sachs Group, Inc. (NYSE:GS), a leading global financial institution, provides financial services across investment banking, securities, asset management, and consumer banking to corporations, institutions, governments, and individuals globally.

While we acknowledge the potential of GS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GS and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 8 of 8