These 7 growth stocks — including Amazon — should rally even in a flattish market

Investing


With the S&P 500 not likely to do much the rest of the year, Goldman Sachs says there is still an investment strategy that can outperform.

The firm recommended companies with strong prospects for sales growth next year. David Kostin, Goldman’s chief U.S. equity strategist, updated his “high revenue growth” stock basket, which is now based on 2019 Wall Street estimates.

He wrote in a note to clients Friday that with the rate of GDP growth expected to slow next year, “We continue to recommend investors own stocks with the highest forecast sales growth.”

The basket includes several internet and technology stocks such as Amazon, Netflix and Autodesk.



Source link

Products You May Like

Articles You May Like

Investors find value in emerging market debt
General Motors is a ‘raging bull’ opportunity in autonomous car space: Citigroup
Goldman made a staggering $200 million in one day as markets plunged
New job? How to become a retirement plan rollover champ
Sell stocks as another correction is coming, strategist warns

Leave a Reply

Your email address will not be published. Required fields are marked *