Goldman Sachs: 50 stocks getting more profitable

In a recent report, Goldman Sachs identified 50 stocks expected to grow their profitability.For months, Wall Street analysts have pointed to a global earnings recession that has squeezed corporate profit margins, ensuring that only companies with the strongest fundamentals would survive unscathed.

"We expect EBIT margins will be the most important factor for ROE in the near term, as long-standing tailwinds of lower taxes and interest rates have reversed recently," he explained. Although Kostin believes that, for now, ROE levels have potentially plateaued, he doesn't believe that profitability will substantially grow in the near term.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Goldman says these stocks will grow profitability while the rest of corporate America strugglesThe investment bank looked at return on equity, which measures net income divided by shareholders' equity.
La source: CNBC - 🏆 12. / 72 Lire la suite »

KB Home’s stock falls from 16-year high despite blowout earnings and bright outlookKB Home's strong results and upbeat outlook pleased Wall Street analysts, but the home builder's stock pulled back from a 16-year high.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Ex-Goldman banker Brijesh Goel convicted of insider trading for passing potential merger tips to a friendProsecutors said Brijesh Goel gleaned the information on six companies targeted for deals from internal Goldman emails, and then tipped friend Akshay Niranjan over games of squash.
La source: nypost - 🏆 91. / 67 Lire la suite »