Apr 21, 2010

Ken Heebner on Goldman Sachs

Goldman Sachs is one of the greatest corporations in the world. Their franchise has been strengthened by the disappearance of competitors. They earned at a $32-rate in the December quarter.

Here's a company that's going to grow strongly for the next couple years. It's going to earn over $25 next year. It's only 7x the minimum estimate and it's one of the greatest companies in the world.

~ Ken Heebner, portfolio manager, Capital Growth Management, CNBC, March 9, 2010

No comments: