Goldman Sachs’ Boeing Recommendation Is a Portfolio Disaster

Goldman Sachs added Boeing to its conviction buy list. The airline manufacturer was already in trouble before the pandemic. Order cancellations and changing travel patterns suggest it’s way too early to buy. Goldman Sachs just added Raytheon and Boeing to its conviction buy list because they have a large number of defense contracts— typically a …

These 21 Stocks Will Lead the Next Market Upsurge: Goldman Sachs

The five largest stocks in the S&P 500 could be replaced as market leaders. Goldman used the Rule of 10 criteria to identify 21 stocks that could beat the market. Salesforce, Paypal, and Netflix are among those top stocks. Five mega-cap stocks have led the U.S. stock market rally–Facebook, Amazon, Apple, Microsoft, and Alphabet (FAAMG …

Goldman Sachs’ S&P 500 Price Target Is Rosy, but Don’t Take the Bait

Goldman Sachs raised its end-of-year S&P 500 target amid vaccine hopes. The upcoming presidential election and vaccine uncertainty are threatening the stock market rally. Investors should look at global markets for better opportunities. Goldman Sachs just raised its S&P 500 price target. The investment firm forecasts a 7% gain from here to a new record. …

The Stock Market Is Trump’s ‘October Surprise’

If the polls are accurate, Donald Trump will need a miracle to defeat Joe Biden in the 2020 presidential election. A new earnings forecast from Goldman Sachs suggests Trump may get the “October surprise” he craves. This last-minute development isn’t likely to save him. Especially not this year. The 2020 U.S. presidential election is less than …

Dow Futures Roar and, Yes, Stocks Are Still Undervalued

Dow Jones Industrial Average (DJIA) futures shoot higher, extending last week’s gains. Global equities hit a four-month high after a blistering Asian session overnight. U.S. stocks have plenty of room to run – most are still undervalued, according to one analyst. Investor optimism swept the globe this morning, pushing world stocks to a four-month high. …