Goldman Sachs Shares 24 Stocks to Buy and Ride Higher with Market’s Year-End Rally

Date:

Goldman Sachs has shared a list of 24 stocks that it believes will rise higher as they make up for their lag during the recent stock market bull run. The S&P 500 entered bull-market territory last week, with a 20% uptick recorded since last October. However, doubts remain as to the sustainability of the surge, given just a handful of tech companies have powered it thus far. Nonetheless, Goldman Sachs is predicting the index will end the year at 4500, or 5% higher than current levels. The 24 cyclical Russell 3000 companies with market caps of $2 billion or higher identified by the firm include names like Wynn Resorts Ltd, Goodyear Tire & Rubber Co, and Live Nation Entertainment.

See also  Opportunities and Limitations of Constructing Unique Datasets Using ChatGPT

Frequently Asked Questions (FAQs) Related to the Above News

What is Goldman Sachs' list of 24 stocks?

Goldman Sachs has identified 24 cyclical Russell 3000 companies with market caps of $2 billion or higher that it believes will rise higher as they make up for their lag during the recent stock market bull run.

What is the current state of the S&P 500?

The S&P 500 entered bull-market territory last week, with a 20% uptick recorded since last October.

Does Goldman Sachs believe the stock market surge is sustainable?

Doubts remain as to the sustainability of the surge, given just a handful of tech companies have powered it thus far.

What is Goldman Sachs predicting for the end of the year regarding the stock market?

Goldman Sachs is predicting the index will end the year at 4500, or 5% higher than current levels.

What are some examples of the companies on Goldman Sachs' list?

Some of the companies on Goldman Sachs' list include Wynn Resorts Ltd, Goodyear Tire & Rubber Co, and Live Nation Entertainment.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

Share post:

Subscribe

Popular

More like this
Related

Young Leaders Urged to Harness AI for Global Progress

Experts urging youth to harness AI for global progress & challenges. Learn how responsible AI implementation can drive innovation.

PM Modi Calls for Strong Action Against Terrorism at SCO Summit

PM Modi pushes for strong action against terrorism and stresses on collaboration at SCO Summit for global growth and security. #terrorism #SCO

Shizuoka Railway Launches AI-Powered Ride-Sharing Taxi Service

Experience the future of transportation with Fujieda Mobi, an AI-powered ride-sharing taxi service revolutionizing transportation in Shizuoka.

Fujieda Mobi: AI-Powered Ride-Sharing Taxi Service Revolutionizes Transportation in Shizuoka

Experience the future of transportation with Fujieda Mobi, an AI-powered ride-sharing taxi service revolutionizing transportation in Shizuoka.