Stock picks to buy, 22 stocks still below pre-pandemic levels: Goldman - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Nigeria News News

GOLDMAN SACHS: These 22 stocks still haven’t recovered to pre-pandemic levels — and are set to explode amid higher earnings in 2021 as the economy recovers

But some smaller and more economically sensitive stocks have not reached their pre-pandemic levels..But index gains have been driven largely by mega-cap tech stocks that have benefitted from a stay-at-home environment. Meanwhile, some smaller and more economically sensitive stocks have yet to reach their pre-pandemic levels as earnings have stalled.

Hopes for a strong economic return got another shot in the arm when Democrats won two runoff Senate races in Georgia, giving them control of the chamber and the ability to pass the stronger stimulus package they desire. Goldman Sachs consequently upped its economic and earnings estimates for the year.

To help investors take advantage of the momentum cyclical stocks are expected to see, Kostin and his team have put together a list of 22 stocks that meet the following two criteria: a share price still below the February 19, 2020 peak, and expected earnings that are higher than those in 2019.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

XeuleBot

If you need minimalistic logo, you can order here

I h8 click bait.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock picks to buy, best business models to beat the market: MS - Business InsiderMorgan Stanley handpicks 18 US stocks to buy for the best business models that deliver market-beating returns for years to come Fuck Morgan Stanley and RobinhoodApp 'Morgan Stanley handpicks 18 US stocks THEY HAVE HEAVILY INVESTED IN'
Source: BusinessInsider - 🏆 729. / 51 Read more »

Export Prop 22 contractor freedom to all states to help economy, workers - Business InsiderOpinion | It's time for other states to follow California's lead and protects workers' ability to be independent. By ABannan11 of AFPhq. ABannan11 AFPhq cali, always the bellwether ABannan11 AFPhq follow california’s voters who petitioned and passed prop 22, not california’s legislators and governor who barreled ab5 into law in an attack on independent contractor rights ABannan11 AFPhq Oof... sounds like a great idea that massive corporations shouldn’t provide healthcare or quality wages to “independent contractors” 🤦🏼‍♂️
Source: BusinessInsider - 🏆 729. / 51 Read more »

Morgan Stanley CEO James Gorman highest paid bank exec after 22% raise - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »

22 Business-Casual Basics Every Working Woman Needs to OwnYour Monday morning will thank you.
Source: marieclaire - 🏆 102. / 63 Read more »