With markets well-off their record highs on trade war fears, investors have a rare opportunity to unearth gems. Goldman Sachs forecasts an additional 5% return for the S&P 500 Index this year, powered by many companies continuing to grow their sales and profits.
“We recommend investors overweight Financials and Info Tech, and underweight the Consumer, Real Estate, and Utilities,” Goldman Sachs strategist David Kostin says.
As TheStreet’s founder Jim Cramer stresses in his “25 Rules for Investing”, not seeking out value in the market isn’t a wise move. One should always be searching for opportunities, especially when stocks are under pressure.
“Patience is a virtue – giving up on value is a sin,” Cramer says. I see so many people throwing in the towel on companies that have real assets and real worth just because they aren’t working now and it angers me.”
Here are 100 stocks worth diving into during the holiday shortened week. The list comes compliments of Goldman Sachs and focuses on companies with some of the best earnings growth potential in the market.