News Formal

Goldman says buy these stocks that are set to benefit most from Trump tax cuts

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 72%

Investment Strategy Nieuws

Markets,Walt Disney Co,Hilton Worldwide Holdings Inc

These companies could grow more quickly thanks to lower corporate tax rates, according to Goldman Sachs.

As Wall Street gears up for President-elect Donald Trump's return to the White House, one subset of stocks stands to potentially benefit the most from his plan to cut corporate tax rates, according to Goldman Sachs. Trump's victory reduces the political uncertainty hanging over stocks and serves as a near-term catalyst to help drive equities broadly higher, analysts led by Goldman chief U.S. equity strategist David Kostin wrote in a research report on Wednesday.

A unified Republican government that swiftly passes Trump's proposed corporate tax cuts could boost Goldman's earnings per share growth forecast for S & P 500 companies by four percentage points, Kostin said. Trump favors slashing the corporate tax rate to 15% from 21%. Goldman forecasts EPS growth of 11% in 2025 and 7% in 2026. Previously enacted Trump tax cuts are set to expire at the end of 2025 unless Congress extends them or approves new legislation.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

JPMorgan, Goldman Sachs stocks soar as Trump win signals financial deregulation, higher interest ratesJPMorgan (JPM) and Goldman Sachs (GS) both saw their stars rise in Wednesday’s premarket after Donald J.
Bron: FXStreetNews - 🏆 14. / 72 Lees verder »

Goldman Sachs stock rises as Q3 earnings beat expectationsGoldman Sachs stock rises as Q3 earnings beat expectations
Bron: Investingcom - 🏆 450. / 53 Lees verder »

Goldman Sachs beats on profit and revenue as stock trading and investment banking boost resultsWall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.
Bron: CNBC - 🏆 12. / 72 Lees verder »

Goldman Sachs Stock Drops Despite 54% Earnings Jump: Time to Buy?Stocks Analysis by ValueWalk (Dave Kovaleski) covering: Goldman Sachs Group Inc. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com
Bron: Investingcom - 🏆 450. / 53 Lees verder »