These tactical trades are some of Goldman's favorite ways to play earnings season

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

There are individual stocks where Goldman analysts feel especially confident going into fourth quarter results.

Investors may need to dig deep to find upside plays during the fourth quarter earnings season, but there are still likely winners to be found, according to Goldman Sachs. In a note to clients on Thursday, managing director John Marshall said the options market suggests Wall Street will need to be blown away for companies to get rewarded this earnings season.

One stock on this list that Goldman analysts are particularly bullish on for not just the upcoming earnings report but the entire year ahead is agricultural company Bunge . Goldman projects that Bunge will beat Wall Street earnings estimates by more than 20% over the next four quarters. Bunge, along with mining stock Freeport-McMoRan , is also on Goldman's conviction list. Another industrial name on the list is Caterpillar , which is off to a hot start in 2023.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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 Sachs' investment team bullish on equities -reportGoldman Sachs Investment Strategy Group expects U.S. equities to generate positive returns for investors in 2023 even if the economy enters a recession, according to its outlook report released on Friday. Corporate media is the enemy of the people ~ Michael Malice By Carolina Mandl harrassment psycologicalwarfare domesticespionage miltaryrape inapropriatetiming
Source: Reuters - 🏆 2. / 97 Read more »

Goldman Sachs platform solutions business lost $3 billion in nearly three yearsGoldman Sachs Group Inc lost $3.03 billion in nearly three years on its platform solutions business that houses transaction banking, credit card and financial technology businesses. They should blame Santos4Congress Must have been the good work of George Santos. Good
Source: Reuters - 🏆 2. / 97 Read more »