One good stock to own for the long run is Goldman Sachs ( NYSE:GS). Image source: Getty Images. Goldman Sachs is known primarily as an investment bank, the second-largest in the world. But investment banking is only its second-biggest business; first is global markets, which is the institutional trading arm.Is Goldman Sachs undervalued?
Goldman Sachs indicated that the country's Eurobonds that have a maturity of three to seven years are undervalued. The report said that Lebanon's Eurobonds, along with those of Tunisia (41 bps), are the only "undervalued" bonds among 21 B-rated sovereigns included in Goldman Sachs' universe.