News Formal

Goldman sees stronger second-half growth, says to buy cyclical companies

  • 📰 CNBC
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Heightened political risk and global policy uncertainty could also trigger some volatility, the Wall Street bank said.

Specifically, Goldman recommended cyclical sectors like financials and industrials, with an emphasis on transportation companies.

The recommendations also include a preference for "bond proxies" that have stable cash flows and high dividends including real estate, which has the third-highest dividend yield on the S&P 500 at 3.01%. Utilities also carry a high dividend yield at 3.17%, according to FactSet, but Goldman has cut its recommendation on the sector from neutral to underweight. Utilities has been a laggard all year, returning 12.9% vs. the S&P 500's 20%.

While economic growth slogged through the second quarter at what the Atlanta Fed projects to be a 1.3% pace, Goldman sees a shift in the economic data recently that will see growth rebound to around 2%.Fed coming through with two cuts this year"Easy monetary policy is one reason US economic growth will likely accelerate in coming quarters," Snider wrote.

One policy uncertainty area is health care, where both Democrats and Republicans have vowed to lower drug prices. Goldman recommends underweighting the sector while buying health care providers over pharmaceuticals "Be wary of stocks in industries that will likely feature in campaign proposals and industries with high exposure to US-China trade," Snider wrote.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

GS is a criminal racketeering organization disguised as an investment bank lol

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Two Health-Tech Companies Join Parade of IPOsLivongo and Health Catalyst, two rare health-technology firms joining the march of billion-dollar companies into the public markets, will make their trading debuts Thursday. why heath care so expensive go back to non profit
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »

'Always buy all-time highs' as Coca-Cola still has room to run, market analysts sayCoca-Cola shares popped to all-time highs after the beverage giant's earnings report, and experts see even more room to run. TradingNation TradingNation They need some bigger fool to dump there shares on.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »