The earnings season is kicking off this week, and Goldman Sachs thinks investors can capitalize on short-term opportunities arising from the reports. JPMorgan Chase, Citigroup and Wells Fargo are slated to post first-quarter results Friday before the bell. These names could set the tone for the overall reporting period. Analysts expect the S & P 500 to have a year-over-year earnings growth rate of 3.2%, FactSet data shows.
Other catalysts include the company's private island expansion and fleet optimization, which includes several new ships. "The company will be the first to re-launch in China, the highest yielding market for RCL back in 2019 and sees ~60% premium pricing for the company's upcoming Asia voyages vs. other similar peer itineraries," Goldman said. Per Goldman, the options market is pricing in a move of 7.7% on earnings day.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
'It's time for hybrids': Goldman Sachs picks 4 EV stocks you should own'It's time for hybrids': Goldman Sachs picks 4 EV stocks you should own
Leggi di più »
U.S. stocks have ‘limited upside' from here, says Goldman Sachs Asset ManagementU.S. stocks have “limited upside” from here and investors should be looking for better opportunities elsewhere, according to Goldman Sachs Asset…
Leggi di più »