Goldman Sachs has a "Rule of 10" for investing that could serve traders well as they head into the second half of the year. Investors are kicking off the start of the third quarter following an unexpected rally in the first half driven by just a handful of market leaders. While the poor market breadth this year was significant, Goldman Sachs said the trend is typical of most recent years.
Now, Goldman Sachs has updated its "Rule of 10" screen to not only identify those stocks posting faster-than-average sales growth, but net income too. These names have expected net income growth of more than 10% from 2021 through 2025. Here are some of the stocks that turned up on Goldman's latest screen. Chipotle Mexican Grill surfaced in the screen.
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