The current situation in the stock market has some investors worried. Most stocks have climbed at a breakneck pace since the December low. According to Goldman however, there are more profits to be made.
David Kostin, the chief U.S. equity strategist at Goldman Sachs, gives 4 reasons to remain optimistic. Or 4 promising “baskets”, filled with 30 stocks in each, to be more precise. Kostin claims that these stocks show strong prospects for growth in Q2 2019.
We have chosen to pay your attention to seven stocks from these baskets:
Basket | Stock |
Low Operating Leverage | Facebook, Texas Instruments, VeriSign, Amgen. |
Low Labor Cost | Facebook, Texas Instruments, VeriSign, Western Union, Foot Locker, PayPal. |
Dividend Growth | Texas Instruments, Amgen, Western Union, Foot Locker |
High Revenue Growth | Facebook, PayPal |
So, according to Goldman’s research, you should pay attention to:
- Facebook ($FB)
- VeriSign ($VRSN)
- PayPal ($PYPL)
- Foot Locker ($FL)
- Texas Instruments ($TXN)
- Western Union ($WU)
- Amgen ($AMGN)