Goldman's list of top picks to buy right now includes these 6 Asian stocks

Goldman Sachs is positive on a number of Asian markets right now, despite what it expects to be a "subdued" third quarter of the year. Sunil Koul, the bank's vice president of Asia Pacific portfolio strategy, said he expects a "moderate" return of 11% for Asian stocks this year, with muted returns this quarter before a recovery in the final three months.

And they do acknowledge that there could be a truly tactical rally in China which is our view — which is why we are overweight," Koul said. Chinese stocks have been weak this year compared to other global markets, with shares falling on concerns over the sputtering cyclical recovery. The Shanghai Composite is up only 5% year-to-date, while the Shenzhen Component is 1% higher. In comparison, the S & P 500 has soared by 16%.

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.

These stocks could be the next Magnificent Seven market leaders, says Goldman Sachs.Our call of the day, from a team at Goldman Sachs led by chief U.S. equity strategist David Kostin has some fresh ideas on how to find big market outperformers.
Source: MarketWatch - 🏆 3. / 97 Read more »

Goldman's 'Rule of 10' for investing and stocks meeting that criteria todayThe investment bank found the top 10 stocks in the S&P 500 were responsible for 32% of the benchmark's return in the average year since 1995.
Source: CNBC - 🏆 12. / 72 Read more »

Goldman Sachs: 8 stocks set to catapult profits and sales in 2 yearsGoldman Sachs: Buy these 8 stocks that have nearly doubled the market's gains this year and are set to catapult their profit and sales growth over the next 2 years
Source: BusinessInsider - 🏆 729. / 51 Read more »