Goldman names stocks with the greatest alpha opportunities — including one with 70% upside

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Goldman Sachs is providing ideas to outperform the stock market in the current economic climate, focusing on microeconomic factors dominating the market action in 2023.

Microeconomic factors seem to be dominating the market action in 2023, and Goldman Sachs is offering up some opportunities to capture the greatest alpha in this enviornment. According to the Wall Street investment bank, micro factors and their contribution to the market are on the rise, accounting for 71% of the trailing six-month return for the median S & P 500 stock, up from 41% a year ago.

" Consensus expectations call for the median stock on the list to rise by 24%, versus 11% expected for the median S & P 500 stock. "These stocks ultimately present alpha generating opportunities for investors to apply directional views on fundamental outlooks or near-term catalysts," Kostin wrote.

 

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