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.

_newTouch_app_install_inline_banner_title

_newTouch_app_install_inline_banner_text

_newTouch_app_install_inline_banner_button