Braced for an economic downturn? These cheap stocks will see you through, says Goldman

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

On the Goldman list: Autozone, Omnicom, Johnson & Johnson and Walmart.

While the debate rages over whether the global economy is careening towards a recession, our call of the day from Goldman Sachs, suggests investors steer towards some reasonably-priced stocks that can see them through a downturn.

“In addition to the uncertain macroeconomic backdrop, volatile growth companies are currently growing earnings at a rate only marginally faster than stable growth companies, an unusual dynamic that further reduces their appeal to investors,” said Snider and the team, in a note to clients. Goldman has picked through its basket of stable stocks to find those that they say are most reasonably priced. Such factors include shares that aren’t too volatile, those with growth that’s steady and a reasonable price earnings multiple — share price relative to per-share earnings.

We’ll hear from lots of Federal Reserve officials Friday, with conferences in Boston and Washington. Fed Chairman Jerome Powell will appear at the latter. The buzz Apple AAPL, +2.22% is up after a report that the company has asked suppliers to boost production owing to stronger demand for the iPhone 11. Some European tech stocks have also lifted on that news.

As the President of the United States, I have an absolute right, perhaps even a duty, to investigate, or have investigated, CORRUPTION, and that would include asking, or suggesting, other Countries to help us out!

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Hey, when the stock market goes down 40%, these stocks will only drop 20%.... umm... so maybe just tell people to go to cash instead...

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Digital health funding could halt in 2020 - Business InsiderInvestors are shoveling funds into digital health firms — but the potential upcoming recession could leave startups strapped for cash in 2020.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Stocks extend slide on increasing economic growth concernsU.S. stocks accelerated their losses in midday trading Wednesday as investors retreated amid more disappointing economic news and the growing threat of an economic slowdown Trump leading US to deep grave Don't worry! It will be o.k. The 1% and corporations are not going to give up their money.
Källa: ABC - 🏆 471. / 51 Läs mer »

Goldman's new portfolio of stable growers is crushing the market, returning 27% this yearAs volatility erupted everywhere amid fears of a recession, Goldman Sachs is advising clients to stick with stocks with stable earnings growth.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Jim Cramer explains how to judge this earnings season: 'Not as bad as feared'If stocks drop after the September nonfarm payroll report is released, here are some stocks investors can play, says Jim Cramer. Also known as better than expected. OooooooooKay there. What’s his current prediction on Bear Stears?
Källa: CNBC - 🏆 12. / 72 Läs mer »