These stocks could be the next Magnificent Seven market leaders, says Goldman Sachs.

The second half of the year kicks off with a holiday-shortened week, though jobs data comes at the end of it. That’s as Tesla may have lit a firecracker for tech with some pretty bullish sales numbers out Sunday.

So naturally, another obvious question looking ahead is how to find outperformers like the so-called “Magnificent Seven” tech names that led the first half — Amazon AMZN , Microsoft MSFT , Alphabet GOOGL , Meta META , Tesla TSLA and Nvidia NVDA . Roughly 20 names meet this criteria and among them is one of those big tech outperformers — Tesla. Salesforce CRM has consistently made the cut, said Goldman. The top 10 names on this list are Enphase Energy ENPH , Tesla, SolarEdge SEDG , Palo Alto Networks PANW , ServiceNow NOW , Paycom Software PAYC , Fortinet FTNT , DexCom DXCM and Insulet PODD .

As an aside, Kostin and the team address the whole narrow market issue, saying that in any given year, returns have been concentrated on a group of outperformers. Observe the below chart:

Argentina Últimas Noticias, Argentina Titulares

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

Goldman strategist says one country offers the 'most fertile ground for picking stocks' and shares his favoritesThe country has a 'very strong' track record of generating returns, said Goldman Sachs strategist Sunil Koul.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Apple hits $3T in market cap, but changes could be coming to its credit card: reportApple became the first public company to close a trading day with a market cap over $3 trillion Friday, even as Goldman Sachs reportedly looks to shed its credit card partnership.
Fuente: FoxBusiness - 🏆 458. / 53 Leer más »