{"id":30132,"date":"2012-06-08T12:43:06","date_gmt":"2012-06-08T16:43:06","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/06\/are-goldman-sachs-and-facebook-poised-for-a-rebound\/"},"modified":"2012-06-08T12:43:06","modified_gmt":"2012-06-08T16:43:06","slug":"are-goldman-sachs-and-facebook-poised-for-a-rebound","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/06\/08\/are-goldman-sachs-and-facebook-poised-for-a-rebound\/","title":{"rendered":"Are Goldman Sachs and Facebook Poised for a Rebound?"},"content":{"rendered":"

Article by Investment U<\/a> <\/p>\n

\"Are<\/p>\n

It\u2019s hard to know who is disliked more, Tiger Woods or Goldman Sachs (NYSE: GS) and Facebook (Nasdaq: FB).<\/p>\n<\/div>\n

As you may have heard, golfer Tiger Woods won his second tournament in three months, after having not won an event since before his personal life went over a cliff in 2009.<\/p>\n

We\u2019ll have to see if the old Tiger is back, but regardless, it\u2019s a strong comeback for an athlete and a man who seemed completely lost just a short time ago.<\/p>\n

Stocks can act the same way.\u00a0 Sometimes a stock is enormously popular, only to crash and burn.\u00a0 And if you can find the ones that will rise from the ashes, there is a lot of money to be made.<\/p>\n

Let\u2019s look at a few stocks that have had a rough go of it over the past few years, but seem poised to rebound.<\/p>\n

Goldman Sachs<\/strong> (NYSE: GS)\u00a0 – Goldman\u2019s stock is a disaster, trading at about 1\/3 of its all-time high of $250, back in 2007.\u00a0 Main Street despises Wall Street right now and that will likely only increase as we head into a particularly nasty election where the Obama campaign will attempt to position Mitt Romney as everything negative about the industry.<\/p>\n

And although Goldman\u2019s reputation doesn\u2019t shine as brightly as it once did, it is still one of, if not the 800 pound gorillas in the business.\u00a0 With J.P. Morgan Chase\u2019s<\/strong> (NYSE: JPM) CEO Jamie Dimon seeing his formerly beloved status evaporate due to uncontrolled trading losses, Goldman is still arguably the king of Wall Street.<\/p>\n

It\u2019s stock isn\u2019t trading like that though. Near its lowest level in three years, the stock is trading at just 7.6 times this year\u2019s expected earnings.\u00a0 In 2013, earnings per share are projected to grow 11%, increasing to 12% over the next five years.\u00a0 On a trailing basis, Goldman is surprisingly trading well below its peers at 13.3 times earnings versus the industry average of 18.5<\/p>\n

There are all kinds of regulatory reforms aimed at Wall Street firms, which make them out of favor with investors.\u00a0 But nobody has done it better than Goldman for years and when the group comes back into favor, Goldman Sachs will likely lead the way.<\/p>\n

Facebook <\/strong>(Nasdaq: FB) \u2013 Facebook hasn\u2019t had a long history as a publicly traded company, but could anything be more out of favor?\u00a0 On Monday, an analyst was on CNBC saying Facebook wasn\u2019t going to be around in five years.<\/p>\n

I\u2019m going to bet he\u2019s wrong.\u00a0 Facebook might not have lived up to the hype that was generated in order to get the masses to pump up the stock price, but that doesn\u2019t mean there isn\u2019t a real business here that can grow by leaps and bounds.<\/p>\n

Facebook has more of its users\u2019 personal information than any company on the planet.\u00a0 As it begins to figure out how to monetize that information, revenue and earnings will grow significantly.<\/p>\n

Keep in mind that internet users spend three times as much time on Facebook than on any other website.<\/p>\n

And don\u2019t underestimate Mark Zuckerberg.\u00a0 Just because he\u2019s soft spoken and a little awkward, don\u2019t mistake him for being complacent.\u00a0 He is one of the most driven CEOs around.\u00a0 He wants to be the next Bill Gates. He has the intelligence and the product to get him there.<\/p>\n

It\u2019s still in the early stages with Facebook, but I think long-term investors will be just fine with this stock.<\/p>\n

It\u2019s hard to know who is disliked more, Tiger Woods or Goldman Sachs and Facebook.\u00a0 But Tiger appears to be back and I expect Goldman and Facebook to help investors be at the top of their game in the near future too.<\/p>\n

\n<\/a> <\/a> <\/a> <\/a> <\/a>\n<\/div>\n

<\/p>\n

Article by Investment U<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

Article by Investment U It\u2019s hard to know who is disliked more, Tiger Woods or Goldman Sachs (NYSE: GS) and Facebook (Nasdaq: FB). As you may have heard, golfer Tiger Woods won his second tournament in three months, after having not won an event since before his personal life went over a cliff in 2009. … <\/p>\n

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