Goldman Sachs adds 4 new stocks to its conviction buy list

Goldman Sachs added four new stocks to its conviction list going into August for equity investors looking to capitalize on the bull market. Introduced in June, Goldman's new "Conviction List - Directors' Cut" curates 20 to 25 of the firm's most differentiated fundamental buy-rated ideas across its U.S. stock coverage. Dollar General , Philip Morris International , S & P Global and Woodward were the newest addition to the Wall Street firm's coveted stock list.

Meanwhile, Goldman said the market is underappreciating the growth opportunity for Philip Morris as the company innovates around its smoke-free alternatives to cigarettes. Dollar General shares have fallen more than 11% since the start of the year, but Philip Morris stock has been gaining momentum and is up more than 22% in 2024, with a 14% jump over the past month.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Goldman Sachs added these global stocks to its 'conviction' listsCNBC Pro looks at two additions — one from Asia and one from Europe — to the investment bank's 'directors' cut' of top global stocks.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Goldman's favorite stocks for the second half—including 3 additions to its conviction listThe firm added some new names as the second half of the year kicks into gear.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Goldman says this investment is seen as a potential Trump trade and it's jumping MondaySmall cap stocks outperformed after Donald Trump's win in 2016, according to Goldman Sachs.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »