Look for companies that have high growth and high margins, and avoid those with high exposure to wage inflation. That's the playbook for 2022, says Goldman...
Starting as they mean to go on? On the first day of trading for 2022, stocks are looking decidedly upbeat.
He points out that most active managers missed out on that “terrific” 2021 for equities. And while some may point to below-historical-average volatility and market breadth as reasons for those managers not finding diamonds last year, he argued there were still opportunities to be found. And for 2022, variables linked to earnings and valuations should determine how S&P 500 companies fare, the strategist said. Goldman Sachs predicts the index will finish the year at 5,100, which is at the upper end of Wall Street’s forecasts.for many companies. Consequently, stock return dispersion will be most evident
Companies in its low-labor cost basket include Dish Network DISH, -1.25%, Netflix NFLX, -1.58%, Under Armour UAA, +0.71%, CarMax KMX, +1.59%, Coca-Cola KO, +0.73%, AmerisourceBergen ABC, -0.66%, Apple AAPL, -0.35%, HP HPE, -0.76% and PayPal PYPL, -1.72%.
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