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Around $140, Should You Buy Goldman Sachs?

Goldman has had quite an erratic trading week, seeing big intraday swings and inconsistent patterns.

Some investors are wondering if they should be like Buffett and be greedy while others are fearful?

What must you know about this stock before you make a trading thesis?

For insights we turned to one of the most widely followed analysts on the Street. Sanford Bernstein analyst Brad Hintz.



Although Goldman is grappling with an SEC civil suit, Hintz doesn’t think any kind of settlement present serious headwinds for the stock.

“If Goldman pays off all the bond holders and pays the fine to the SEC we think it comes to $1.05 a share.”



He also doesn’t think fin-reg is terribly onerous for the stock.

”They’re still going to be the best traders in the world they just may not be as large,” says Hintz. "Even if Goldman can no longer make money at prop business they will make money elsewhere," he speculates.



What’s the bottom line?

“Goldman is trading at the bottom 10% of its book range since its IPO, says Bernstein on Fast Money. "When you’re on your back the only place to go is up.”


What do you think? We want to know!





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Trader disclosure: On May 26, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Terranova owns (AXP), (BBY), (BMO), (BTU), (DIS), (FTO), (GLD), (IPSU), (OIH), (PFE), (RSX), (STLD), (SWN), (TER), (XCO), (YHOO) Kelly Owns (FCX) Calls; Kelly Owns (CLF) Calls; Finerman Owns (AAPL); Finerman's Firm Owns (BAC), (BAC) Calls; Finerman Owns (BAC), (BAC) Preferred; Finerman Owns (GOOG); Finerman Owns (GS) Calls; Finerman's Firm And Finerman Own (HPQ); Finerman's Firm Owns (JPM), (J)PM) Calls; Finerman Owns (JPM); Finerman's Firm And Finerman Own (RIG), (RIG) Calls; Finerman's Firm Owns (KFT); Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM); Finerman's Firm Owns (PM); Jon Najarian Owns (BAC); Jon Najarian Owns (BP); Jon Najarian Is Short (MCO); Jon Najarian Owns (C); Seymour Owns (BAC), (AAPL), (GOOG), (VIP

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