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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The 24 best stocks to buy right now: Goldman SachsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »