Goldman Sachs looked at stocks that can still be profitable amid high inflation, squeezed margins and falling equity valuations.
Corporate profits will continue to be crushed amid high inflation and Federal Reserv e interest rate hikes, according to Goldman Sachs. Yet some stocks are better positioned than others to navigate the headwinds, the investment bank said. Goldman expects S & P 500 net profit margins to fall by 25 basis points in 2023, weighing on the index's return on equity, or ROE.
With that in mind, Goldman rebalanced its "ROE Growth" basket, which contains 50 stocks with the highest consensus expected ROE growth during the next 12 months. The median stock is expected to grow ROE by 14% during that time, compared to a loss of 5% for the median S & P 500 company, Kostin said. He added 21 new companies to the basket. Charter Communications , Amazon and Nike were among those added to the basket, all with expected ROE growth close to 40%.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Contractor spills details of planned Goldman Sachs campus near downtown DallasContractor Balfour Beatty says its building a an Uptown Dallas corporate campus with three towers. The description matches with plans for Goldman Sachs' new...
Lire la suite »
Goldman Sachs' bearish macro outlook puts Bitcoin at risk of crashing to $12KBitcoin derivatives data also shows sentiment shifting in favor of a massive crash below $20,000, the current psychological support.
Lire la suite »
Goldman Sachs cuts 2023 US GDP forecasts to 1.1%Goldman Sachs (GS) cut its forecast for 2023 US Gross Domestic Product (GDP) as it projects a more aggressive Federal Reserve tightening policy throug
Lire la suite »
The science behind screening for Tay-Sachs diseaseShari Ungerleider lost her son to Tay-Sachs disease and spent the last 27 years working to educate people about the importance of genetic screening.
Lire la suite »
Goldman says own these frugal stocks with corporate profitability under siegeGoldman Sachs looked at stocks that can still be profitable amid high inflation, squeezed margins and falling equity valuations.
Lire la suite »