Shares of legacy automakers and parts manufacturers will attract new investors as they transition toward electric vehicles and green technologies, according to Goldman Sachs. Environmental, social and governance funds have thus far mostly shunned such companies in favor of new electric automakers, according to Goldman — but it's a trend the Wall Street bank expects to reverse this year.
The company has previously announced plans to expand into the United States to take advantage of the benefits of the IRA. As a result, the bank expects the company's stock to rise by 116% to $19 over the next 12 months. Also among Goldman's picks are Lear Corp and Visteon . The two companies manufacture electrical products such as "infotainment" systems for vehicles of all types.
Who ever gives ten percent to the big guy. Welcome to communism.
This is a lie . Fake nbc ,,,there is no EV boom .
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40 best stocks to buy with high upside in 2023: Goldman SachsGoldman Sachs: These 40 stocks have at least 34% upside right now while the rest of the market struggles for gains in 2023 The stock market is done, it’s not gonna recover. How the hell is it gonna recover when regular people are broke and companies are making less and less money every day? Good luck with that lol CDs for the win.
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