Goldman Sachs tells clients to bet on these underperforming stocks into earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

For subscribers: Goldman Sachs tells clients to bet on these underperforming stocks into earnings. Check out CNBCPro for a free trial.

Tayfun Coskun | Anadolu Agency via Getty Images

For investors looking to play the second-quarter earnings season, this reporting cycle could be a wild card as the majority of the companies refused to provide guidance, making the disconnect between analysts estimates wider than ever. Goldman Sachs is advising clients to focus on stocks with strong fundamentals that have underperformed the S&P 500 so far this year. That's because the S&P 500 is coming off its best quarter in more than 20 years while earnings took a big hit from the coronavirus crisis. Winning stocks this year would need much better earnings to justify their explosive rally.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro Because there’s nothing like subscription click bait

Pro We are better off not knowing your bullshit stock picks.

Pro BOYCOTTseattle 4vets finish or let me the duck out.I’ll get ragged and this whole bull shit bout fag marriage. In not happy with all this.Find my license and hold my passport.I need to get out by tonight Value transfer is to fudge real GDP BLAMESeattle TAXCHEATS amazon CIA

Pro Another way to say , Buy Bogus and Bad Stocks that only going make DOW Jones, them ,The Rich ignorant US 1% and Trump Happy and F** US Workers like always, Right!

Pro If you don’t want to pay for article, it says you should buy $TSLA and hold until it reaches new target price of $26,500

Pro What Do The Current DOW Bubble & Krakatoa Have In Common? SquawkCNBC SquawkStreet JoeSquawk ClosingBell CSPANwj MorningsMaria JoeNBC WillieGeist maddow donlemon CNNSitRoom wolfblitzer

Pro After 239 scientists send their letters to the World Health Organisation saying the coronavirus is dangerously airborne, WHO finally say that the coronavirus might be airborne!!!

Pro OpenLearning is the only online learning platform in the world that is interactive❤ASX STOCK:$OLL

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman warns delayed election results this November similar to Bush-Gore could rock the marketGoldman Sachs is warning that the upcoming presidential election could see delayed results. Trump2020 Except Biden has no chance or even reason to be running. 🇺🇸🇺🇸
Source: CNBC - 🏆 12. / 72 Read more »

European stocks and Dow futures pull back before earnings and next wave of dataStocks in Europe pulled back on Tuesday, as traders wait for the next wave of information on the economy, the spread of coronavirus and corporate earnings.
Source: MarketWatch - 🏆 3. / 97 Read more »