Goldman's top equity strategist recommends buying consistent earnings growers for the tough times ahead

Stocks with steady earnings growth are the play to manage an upcoming economic downturn, according to David Kostin, Goldman Sachs' chief U.S. equity strategist. He said on Tuesday on CNBC's " Squawk on the Street " that companies will continue to experience margin degradation as they struggle with pricing power and inflation.

" What's perhaps not priced in our view, would be the stable growth companies." The equity strategist named household products company Colgate-Palmolive and biotechnology name Amgen as examples of stocks with low variability of earnings growth in an environment that's laden with recession risk. Colgate-Palmolive and Amgen are among the names Goldman recently highlighted in its table growth basket. Constituents in the health-care sector include Encompass Health and McKesson .

I would recommend the renewable energy sector, because without it, there won't be anything at all.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Here are Goldman's 4 things to watch for as gloomiest earnings season since pandemic beginsInflation is squeezing corporate profit margins. Analysts cut their outlook pretty aggressively as the economic outlook deteriorated during the first quarter. Here are some strategies for protecting your portfolio, according to Goldman Sachs analysts. I like I like ! Buying opportunities to present themselves after blood on the streets !
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Goldman Sachs, Morgan Stanley, BNY Mellon and State Street top Jefferies list for Q1 bank earningsFour big banks offer less risk around net interest income and credit, Jefferies says as it awaits first-quarter earnings results.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Here's Goldman's winning options strategy heading into earnings seasonGoldman Sachs recommends this proven stock options strategy as investors approach earnings season, with some of its top picks including Netflix and Starbucks. Yeah, Goldman giving winning option strategies to the common folks. Really. Boundaries Taylor
Fuente: CNBC - 🏆 12. / 72 Leer más »