Goldman Sachs Says Go For "Secular Growth Stocks"

Goldman Sachs Says Go For "Secular Growth Stocks"

Inesting.com - Goldman Sachs (NYSE:GS) is among the least bullish of Wall Street firms, but it still sees opportunity in what it calls "secular growth stocks."In a note to investors, the firm identified companies it expects to outperform the broader market.The list include companies with sales growth of 10 or more for the past three years that also have high potential growth going forward.You may be surprised at some of the names on the list.Amazon (NASDAQ:AMZN) and Domino's Pizza, which are up 32 and 23, respectively, this year, made the cut.Other familiar names are Alphabet (NASDAQ:GOOGL), up about 7 in 2018, and Ulta Beauty, which is basically flat on the year. Goldman's year-end price target for the S&P 500 is 2,850. That's slightly less than the benchmark's record high of 2,873 in February.


User: Investing.com

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Uploaded: 2018-03-20

Duration: 00:55