Goldman Sachs chose 41 stocks expected to see higher EPS growth than the S&P 500 by year-end 2024.With the first half of the year in the books and second-quarter earnings season in full swing, investors are hunting high and low for any indications of what might happen next in markets.
Luckily, in a recent note to clients, Goldman Sachs Chief US Equity Strategist David Kostin reviewed the first half of 2023 while placing his bets on what the rest of this year and next year will bring.Kostin, like the rest of Wall Street, has been aiming at a moving target this year. As for the economy, back in January, Goldman Sachs predicted there was a 35% chance of recession this year. That has since fallen to 25% June, and in July chief economist Jan Hatzius announced thatClearly this year has been anything but predictable. That's why, rather than focusing on the short-term with all its inherent volatility, investors might want to set their sights a little further ahead — perhaps even all the way to the end of next year.
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