Earnings season ramps up on Tuesday and Goldman Sachs has a list of stocks that its analysts are a lot more bullish than the rest of Wall Street.
Goldman said its analysts are "out of the consensus" on these companies with higher estimates and more bullish views than the norm. The firm believes the rest of the Street will come around to its view with analysts revising estimates upward into and after the companies report results. "Earnings revision stories have been an unusually potent source of alpha through the complex environment of the past few months," Goldman Sachs derivatives analyst John Marshall told clients.
Pro
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As earnings reporting season kicks off, here are Goldman Sachs' best contrarian picks for clientsNew for subscribers: As earnings reporting season kicks off, here are Goldman Sachs' best contrarian picks for clients Check out CNBCPro for a free trial. Pro “All the fundamentals suck, everything is super overvalued, but this is what we are selling anyway. Please pay us.” - Goldman Sachs
Source: CNBC - 🏆 12. / 72 Read more »
Goldman Sachs is set to report second-quarter earnings — here's what the Street expectsExpectations for Goldman are running high after JPMorgan Chase and Citigroup posted strong trading and advisory results that helped the banks beat profit estimates for the second quarter. 9 Wall Street Execs Who Cashed In on the Crisis. Meet the moguls who made out like bandits. (NO JAIL TIME) BIG FAT BONUSES.!! 2008.!! TAX CUTS TO THE RICH DON'T WORK!! … WHEN YOU DON'T PUT THESE SOB'S IN JAIL YOU GET MORE OF THE SAME.!!
Source: CNBC - 🏆 12. / 72 Read more »
As earnings reporting season kicks off, here are Goldman Sachs' best contrarian picks for clientsNew for subscribers: As earnings reporting season kicks off, here are Goldman Sachs' best contrarian picks for clients Check out CNBCPro for a free trial. Pro “All the fundamentals suck, everything is super overvalued, but this is what we are selling anyway. Please pay us.” - Goldman Sachs
Source: CNBC - 🏆 12. / 72 Read more »