[FREE / PUBLIC PORTION]
Goldman Sachs (GS) — twice highlighted by Haymaker in 2024 (May 28, 2024 and August 5, 2024; the August reference price was ~$460). The stock is now ~$1,080, a gain of roughly 130% excluding dividends.
The stance has changed: "At this point, though, we are concerned that there's a lot more downside over the next year or so than upside." (i.e. a reduce / trim-to-sell on the name after the large run.)
[PAYWALL] The full investment rationale, valuation work, and any updated Haymaker portfolio (Buys / Holds-Trims-Sells) tables are behind the paid subscription and are not captured here.