When Goldman Sachs has something to say, investors listen. Since we are already halfway through 2018, we all find ourselves looking toward the future, while investors focus is moving more and more towards the potential that 2019 brings. Goldman Sachs feels in 2019 with rising interest rates, the best stocks to bet on are companies that will achieve high growth potential. Wall St is preparing 2019 for S&P 500 sales growth of 5%, however, Goldmans new high revenue growth stocks could reach 12% growth next year!
These are the 9 Stocks that Goldman Sachs believes will be the best stocks to play this year and their revenue growth estimates:
- Amazon (AMZN) +22%
- Align Technology (ALGN) +22%
- Cabot Oil & Gas (COG) +34%
- Facebook (FB) +27%
- Netflix (NFLX) +25%
- Autodesk (ADSK) +27%
- Pentair (PNR) +22%
- Vertex Pharmaceuticals (VRTX) +22%
- Concho Resources (CXO) +30%
“Firms with high revenue growth should outperform the S&P 500 during the next 12 months as the index climbs by 6% to our target of 2875” Says David Kostin of Goldman Sachs.
Take some time and explore a few of these companies. Growth potential like this is worth the leg work!
Source: Thestreet.com “9 Stocks Goldman Sachs Thinks Will Blow Wall Street’s Performance Away in 2019”