Goldman says buy call options on these stocks that will report better-than-expected earnings

Goldman Sachs says it's a good time for investors to eye single stock options ahead of a slate of quarterly results. "Single stock options are more attractive ahead of earnings than at any time in the past 20+ years, in our view," analyst John Marshall wrote in a Wednesday note from the firm. "We favor option buying strategies ahead of select earnings events to gain leverage to directional moves.

mountain Nvidia stock has added more than 195% since January. Bath & Body Works , meanwhile, will report quarterly results in mid-August. Shares could move 6.8%, according to Goldman Sachs. The retailer raised its forward guidance as it reported results in May, which sent the stock climbing more than 10%. Goldman Sachs retail analyst Kate McShane is forecasting 34% upside for the stock over the next 12 months.

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.

40 stocks with the most upside right now: Goldman SachsGoldman Sachs: These 40 stocks have the most upside right now as the market rally continues to defy Wall Street's expectations in the second half of the year
Source: BusinessInsider - 🏆 729. / 51 Read more »

Earnings season to give stock-market investors update on ‘heavily debated’ consumer health, says GoldmanWith second-quarter earnings season kicking off, investors will get a view of consumer health in an economy still stuck with high inflation as the U.S. stock...
Source: MarketWatch - 🏆 3. / 97 Read more »

Jefferies slashes earnings estimates for Goldman and Morgan Stanley ahead of earnings updates next weekJefferies analyst Daniel Fannon on Tuesday cut his earnings estimates for Goldman Sachs Group Inc. and Morgan Stanley ahead of second-quarter updates from...
Source: MarketWatch - 🏆 3. / 97 Read more »