You’ve probably noticed the terrible trashing of Goldman Sachs’s (NYSE: GS) stock, which fell from $165 per share exactly a year ago to $90 per share as recently as New Year’s Eve heading into 2012.
But January 2012 was a great month for Goldman Sachs. The investment services firm enjoyed a massive turnaround during the past month as its share price has skyrocketed to $115.
Is this turnaround justified?
Let’s answer this question by comparing Goldman Sachs to its competitor, commercial banking and asset management company J.P. Morgan Chase (NYSE: JPM).
This story was originally published by The Motley Fool.