Marching to the Beat of Their Own Drums, Updates on The Goldman Sachs Group, Inc. (NYSE:GS), Diageo plc (NYSE:DEO)

The Goldman Sachs Group, Inc. (NYSE:GS) are valued at $239.41 at the time of writing and have moved 1.41% since the open.  Smart investors often look for value stocks with upside potential.  While this stock is priced cheaply, it’s important to determine if there is any actual value.

Most investors are likely looking for that next stock that is ready to take off running. Maybe the focus is on finding a stock that has recently taken a turn for the worse for no real apparent reason. As we all know, as quickly as a stock can drop in price, it can bounce back just as fast. Although the popular stocks that receive a high level of media coverage tend to recover quicker after a sell-off, there may be plenty of under the radar stocks that are ripe for buying. Scoping out these potential market gems may help repair a portfolio that has taken a hit for any number of reasons.

The average investor might not have the time to monitor every single tick of a given stock, but taking a look at historical performance may help provide some valuable insight on where the stock may be trending in the future. Over the past week, The Goldman Sachs Group, Inc. (NYSE:GS) has performed 0.54%. For the past month, shares are -0.95%. Over the last quarter, shares have performed 8.84%. Looking back further, The Goldman Sachs Group, Inc. stock has been 13.32% over the last six months, and -0.02% since the start of the calendar year. For the past full year, shares are 13.82%.

There is rarely any substitute for diligent research, especially when it pertains to the equity markets. No matter what strategy an investor employs, keeping abreast of current market happenings is of the utmost importance. Everyone wants to see their stock picks soar, but the stark reality is that during a market wide sell-off, this may not be the case. Recently, shares of The Goldman Sachs Group, Inc. (NYSE:GS) have been seen trading 3.76% away from the 200-day moving average and 0.13% off the 50-day moving average. The stock is currently trading -6.17% away from the 52-week high and separated 14.22% from the 52-week low. The Goldman Sachs Group, Inc.’s RSI is presently sitting at 50.86.

Recommendations

Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 1.31% and month of 1.51%.  So are analysts giving the Buy signal at this juncture?  Sell-side firms currently have a consensus recommendation of 2.60 on the shares.  This is based on a 1 to 5 formula where 1 indicates a Strong Buy and 5 a Strong Sell. Analysts are projecting the stock to trade at 249.24 within the next 12-18 months. 

Dedicated investors are constantly on the lookout for a bargain when it comes to stock picking. As of late, investors have been taking notice of Diageo plc (NYSE:DEO) shares. During recent trading, shares saw a move of 0.90% hitting a price of $140.84.

Most investors are likely looking for that next stock that is ready to take off running. Maybe the focus is on finding a stock that has recently taken a turn for the worse for no real apparent reason. As we all know, as quickly as a stock can drop in price, it can bounce back just as fast.

Although the popular stocks that receive a high level of media coverage tend to recover quicker after a sell-off, there may be plenty of under the radar stocks that are ripe for buying. Scoping out these potential market gems may help repair a portfolio that has taken a hit for any number of reasons.

The average investor might not have the time to monitor every single tick of a given stock, but taking a look at historical performance may help provide some valuable insight on where the stock may be trending in the future. Over the past week, Diageo plc (NYSE:DEO) has performed 2.68%. For the past month, shares are 3.16%. Over the last quarter, shares have performed 6.21%. Looking back further, Diageo plc stock has been 15.52% over the last six months, and 35.50% since the start of the calendar year. For the past full year, shares are 38.35%.

There is rarely any substitute for diligent research, especially when it pertains to the equity markets. No matter what strategy an investor employs, keeping abreast of current market happenings is of the utmost importance. Everyone wants to see their stock picks soar, but the stark reality is that during a market wide sell-off, this may not be the case. Recently, shares of Diageo plc (NYSE:DEO) have been seen trading 12.86% away from the 200-day moving average and 4.39% off the 50-day moving average. The stock is currently trading 0.15% away from the 52-week high and separated 41.19% from the 52-week low. Diageo plc’s RSI is presently sitting at 71.12.