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Search resuls for: "Deep Mehta"


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Investors who take the risk of owning certain unloved stocks could see outperformance down the road, according to Goldman Sachs. This basket of stocks consists of buy-rated names on which the firm's analysts are out of line with the rest of Wall Street. Here are a few of Goldman's differentiated buy names. About a quarter of analysts covering the stock have given it a buy or strong buy rating, according to LSEG. The pet retailer has buy or strong buy ratings from about one-third of Wall Street analysts covering the name, per LSEG.
Persons: Goldman Sachs, Warren Buffett, Goldman, Deep Mehta, Instacart, Petco, Ron Coughlin Organizations: Investors, The New York Times, Citi, Capital, JPMorgan, Petco, Wall Street Locations: 2024E
Although small-cap stocks have taken a hit so far this year, Goldman Sachs thinks expectations of a healthier economic backdrop make the group look attractive — especially since they're already trading at fairly cheap valuations. Analyst Eric Sheridan initiated shares at a buy with a $16.50 price target in December. Goldman thinks shares could gain more than 50% over the next year, according to last week's closing price. Solar equipment company Shoals Technologies is another Goldman small-cap favorite. Other small-cap companies Goldman likes include coconut water company Vita Coco , food packaging company Sealed Air and crowd-sourced reviews platform Yelp .
Persons: Goldman Sachs, Russell, Deep Mehta, Mehta, Eric Sheridan, Goldman, — Goldman, Shoals, Tinder, Vita Coco, — CNBC's Michael Bloom Organizations: Goldman, Technologies, Barclays Locations: Wells, Wednesday's
Today's market-leading stocks may not have the luxury to sit on their laurels, according to Goldman Sachs. Since Goldman Sachs began tracking the "Laggards" trade in 2022, the trend has held up 13 years out of 21, according to Mehta. The laggards have on average outperformed the S & P 500 by 130 basis points. The first, "differentiated buys," includes opportunities where Goldman Sachs analysts have out-of-consensus buy ratings. Finally, Goldman Sachs analysts also identified stocks with a "track record of CROCI [cash return on capital invested] generation," a metric that evaluates a company's cash return against its total equity.
Persons: Goldman Sachs, there's, Deep Mehta, Mehta, Laggards, laggards, Locker, — CNBC's Michael Bloom Organizations: Financial, Barclays, Mosaic, CF Industries, Clear, Chesapeake Energy, Shoals Technologies, Biomarin Pharmaceutical, Body Works, Mohawk Industries, Bristol, Myers Squibb, Honeywell International, United Parcel Service Locations: . Norfolk Southern, Bath
NEW DELHI, Sept 27 (Reuters) - By the time Lalit Kumar crouched at the starting blocks for the men's 100 metres final at the Delhi state athletics meet on Tuesday, the 20-year-old was only ever going to finish first. However, organisers suspect they pulled out after getting wind of the imminent arrival of officials from India's anti-doping agency (NADA). "An odd withdrawal is understandable, but when seven runners withdraw, you know something is fishy," Sandeep Mehta, secretary of the Delhi Athletics Association (DAA), told Reuters on Wednesday. Mehta also confirmed that some athletes from the meet did not turn up to collect their medals, raising more doping suspicions. The country ranked second behind Russia in anti-doping rule violations in a World Anti-Doping Agency (WADA) report published in May.
Persons: Lalit Kumar crouched, Kumar's, Sandeep Mehta, NADA, Mehta, Vimal Anand, WADA, Kumar, it's, Amlan Chakraborty, Peter Rutherford Organizations: Jawaharlal Nehru, cramp, Delhi Athletics Association, Reuters, Athletics Federation of, Doping Agency, Indian Express, Thomson Locations: DELHI, Delhi, Athletics Federation of India, India, Russia, New Delhi
Goldman's small-cap picks for falling inflation
  + stars: | 2023-01-25 | by ( Hakyung Kim | ) www.cnbc.com   time to read: +3 min
Many small-cap stocks took a beating in 2022, as sharply rising costs hurt profits, but the situation could be reversing, Goldman said, creating an opportunity for investors if they know where to look. "With inflation expected to moderate, companies that can at a minimum stabilize their gross margins this year and meaningfully expand them beyond that should be well positioned in our view," said analyst Deep Mehta in a research note. Goldman screened small-cap stocks that are expected to show gross margin expansion through 2024. The following names showed the biggest gains between the two time periods, making them Goldman's picks as inflation decelerates. The Russell 2000 has also begun to rebound in recent weeks, moving higher on the hopes that the ultra-high levels of inflation seen in 2022 are finally breaking.
As investors prepare their portfolios for the new year, Goldman Sachs revisited laggard stocks that have the potential to outperform at the start of 2023. In the past, stocks that lagged the broader market tended to become leaders in the first quarter of the following year, according to Goldman Sachs. Goldman Sachs searched for laggards across several different criteria. Another stock that made the list includes Adobe , which Goldman Sachs considers a buy-rated quality stock trading at a reasonable valuation. In October, Goldman Sachs analyst Kash Rangan identified the name as a tech stock that is resilient in a downturn .
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