12 'Conviction Buys' on Goldman's Sell Block

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According to Jake Lynch, "To check up on [Goldman Sachs'] activities, we tracked its 58 Conviction Buy List stocks, which are the equities that the bank claims that it is most optimistic about to clients, to see if it sold any during the quarter. The results are intriguing. Of the 58 so-called Conviction Buy stocks that Goldman recommended to clients during the first quarter, it sold 31, or more than half, according to its 13-F filing. Of the 31 Conviction Buys that Goldman sold, it sold more than 1 million shares of 12 of those stocks." Read more here.

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