GOLDMAN SACHS: Buy these 15 stocks set to deliver the strongest possible profit growth and subsequent returns through year-end
Wall Street sees a powerful earnings rebound as a sure thing — if sure things still exist — and many experts thinkfrom this point forward. With that in mind, Goldman Sachs Chief US Equity Strategist David Kostin is giving investors some pointers on the stocks that are on track for the most growth today.
Kostin's team is projecting a 21% drop in S&P 500 profits this year, and they say these companies are among the few that will finish the year with earnings growth of more than 20%. The list that follows has Kostin's projected top growers for the year. It's drawn from the largest 100 companies on the S&P 500 index and excludes utilities, financials, and real estate investment trusts. They're ranked from lowest to highest based on their expected earnings growth.
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