But if corporate earnings decline in a recession, US stocks could plunge.US stocks got off to a choppy start in the first week of 2023, and Goldman Sachs thinks the volatility is only just getting started.of 4,000 implies a muted 5% gain, its strategists see the path forward as anything but uneventful. The firm predicts the index will slide 6% to 3,600 in the first three months of 2023 before rebounding by 8% to 3,900 at the year's midpoint.
But even modest gains are no guarantee this year, given that Goldman Sachs is also calling for flat earnings growth. David Kostin, the chief US equity strategist at Goldman Sachs, wrote in a note about his 2023 outlook that investors should expect"less pain but also no gain." If corporate earnings remain flat, then US stocks could only rise if investors pay a premium for them in the face of historically high interest rates and stock valuations. And while some firmsGoldman Sachs isn't calling for negative earnings since — unlike most of its investment banking peers — it doesn't believe there will be a recession in the next year.
Below are 40 stocks that the firm's strategists identified in a January 4 note as having the most upside in 2023. Along with each name is its ticker, market capitalization, and upside to the firm's price target as of December 30.
CDs for the win.
The stock market is done, it’s not gonna recover. How the hell is it gonna recover when regular people are broke and companies are making less and less money every day? Good luck with that lol
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »