Goldman Sachs Finds Undervalued Stocks To Outperform Despite Market Slowdown

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Goldman Sachs analysts have identified several stocks that they believe could outperform despite a recent slowdown in the broader market. The firm screened for buy-rated stocks where their analysts are out of consensus with the majority of Wall Street analysts who deem these names as either neutral or sell.

Goldman Sachs analysts have their eyes on several stocks that could outperform moving forward — even though most of Wall Street thinks otherwise. The firm screened for buy-rated stocks in its coverage universe, where its analysts are out of consensus and the majority of Wall Street analysts deem the names as either neutral or sell. After a volatile start to October trading, bullish investors could use these stocks as an opportunity to buck the broader market's recent slowdown.

"The company is rolling out new experiences and products at a healthy pace but we believe the headwinds in the core hotel meta business are too significant," the firm said. On May 8 , the stock plunged nearly 29% after the company threw cold water on hopes for a sale. TripAdvisor said that a special committee had determined there was no transaction with a third party that would be in the best interests of the company and its stockholders. Shake Shack is also on Goldman's list.

 

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