Goldman analysts see earnings driving US stock rally

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Goldman analysts see earnings driving US stock rally

Analysts at Goldman Sachs said in a research note Wednesday they expect corporate profits, supported by healthy economic growth, to be the primary driver of forward equity returns

"Companies with a high degree of operating leverage can generate more sales without increasing costs. As a result, margins can expand and earnings can grow faster for high operating leverage stocks compared to low operating leverage stocks," wrote Goldman Sachs.

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