Goldman's Kostin Sees US Big Tech Outperforming This Year
David Kostin, Goldman Sachs chief US equity strategist, explains why he predicts the Magnificent Seven group of technology stocks are likely to outperform the rest of the S&P 500 this year. (Video extended to include full interview.) (Source: Bloomberg)
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We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include BWB ORGO and DSP. Have feedback on this article? Concerned about the content? with us directly. 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