For investors, that suggests opportunity in certain dividend stocks, Kostin wrote.
Since late 2022, Goldman Sachs' Dividend Yield and Growth basket (GSTHDIVG), a 50-stock, equal-weighted basket of stocks with high trailing dividend yield and high anticipated dividend growth, has outperformed the equal-weighted S & P 500 by 3 percentage points.
As of October, here are some of the stocks in the firm's dividend yield and growth basket.
Verizon Communications Communication services stock Verizon Communications is a constituent in the dividend growth basket.
Other stocks in Goldman's dividend growth basket include Best Buy , Conagra Brands and Devon Energy .
Persons:
Goldman Sachs, David J, Meta, Kostin, That's, Greenlight Capital's David Einhorn, Morgan Stanley, Simon Flannery, — CNBC's Michael Bloom
Organizations:
Facebook, Bank of America, Federal Reserve, Verizon Communications Communication, Verizon Communications, Verizon, Conagra Brands, Devon Energy
Locations:
Viatris