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☆ Goldman Sachs recommends a specific trading strategy, naming 2 global 'conviction list' stocks
▼ + stars: | 2024-06-03 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Goldman Sachs recommended that investors consider a specific strategy when trading European markets right now given the "scope for near-term volatility in equities." Here are two such stock ideas, which are also on the Wall Street bank's conviction list. Goldman gives the stock around 23.6% upside from a 12-month price target of 223 euros ($242.10). Bureau Veritas Another stock on Goldman's list is French company Bureau Veritas , known for its laboratory testing, inspection and certification services. Goldman gives the stock nearly 20% upside from a 12-month price target of 37 euros.

Persons: Goldman Sachs, Liquide Goldman, Georgina Fraser, Fraser, Goldman, Suhasini, — CNBC's Michael Bloom Organizations: Air Liquide, Euronext Paris Exchange, Veritas, Bureau Veritas, First Locations: Paris, Suhasini Varanasi

☆ OJ Simpson 'stalked' Nicole Brown Simpson in the weeks leading up to her death, friends allege: 'He would be hiding in the bushes'
▼ + stars: | 2024-06-01 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +5 min

Read previewOJ Simpson is alleged to have "stalked" Nicole Brown Simpson, going so far as to stake out the bushes near the home where she was murdered in 1994, close friends of Brown's have said in a new docuseries. "He was realizing that she was becoming happy," Resnick said, adding that Simpson was "stalking, hiding in the bushes." "The Life and Murder of Nicole Brown Simpson," which is scheduled to air on the consecutive nights of June 1 and 2, comes ahead of the 30th anniversary of Brown Simpson's death on June 12. It features interviews with 50 people who knew Brown Simpson well, including her sisters, Denise, Dominique, and Tanya Brown, and close friends such as Kris Jenner. Advertisement"The Life and Murder of Nicole Brown Simpson" will air on June 1 and 2 at 5 p.m PT/8p.m.

Persons: —, OJ Simpson, Nicole Brown Simpson, Brown's, Faye Resnick, Robin Greer, Resnick, Brown, OJ, Simpson, Greer, Brian " Kato, Kaelin, Denise Brown, Joe Biden, Brown Simpson, Denise, Dominique, Tanya Brown, Kris Jenner, Ronald Goldman Organizations: Service, Business, Housewives, Beverly Hills, AP News, Lifetime Locations: South, Brentwood , Los Angeles, Washington

☆ Utility stocks offer AI exposure and a hedge against a slowing economy at a good price, Goldman says
▼ + stars: | 2024-06-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Utility stocks are an affordable way to gain exposure to the artificial intelligence trend and hedge against a slowing economy even after the sector's recent rally, according to Goldman Sachs. Yet, utility stocks still remain relatively affordable. Goldman is forecasting above consensus earnings growth of 2% on average in 2026 for the 16 utility stocks it covers. NextEra , Xcel Energy , Sempra and Southern Company offer the best exposure to the data center power demand surge among Goldman's buy-rated stocks, according to the bank. "However, a return to a rising bond yield environment could weigh on the performance of utilities," the Goldman analysts said.

Persons: Goldman Sachs, Goldman, Ryan Hammond Organizations: Utilities, Xcel Energy, Sempra, Southern Company, American Electric Power Company, Eversource Energy, FirstEnergy Corp, Federal Reserve, Goldman Locations: U.S

☆ Goldman's Beth Hammack has a new job: Cleveland Fed president
▼ + stars: | 2024-05-30 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Beth Hammack, a former Goldman Sachs executive, was just appointed Cleveland Fed president. Hammack succeeds Loretta Mester, known for her hawkish stance on inflation policies. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLongtime Goldman Sachs executive Beth Hammack, who left in February, is heading to the Federal Reserve Bank of Cleveland as its next president. Hammack replaces Loretta Mester, who is stepping down on June 30 after a decade as the Cleveland Fed's president.

Persons: Beth Hammack, Goldman Sachs, Hammack, Loretta Mester, —, She'll, Mester Organizations: Goldman, Cleveland Fed, Service, Federal Reserve Bank of Cleveland, Cleveland Fed's, Business

☆ Citadel Securities Taps Goldman's Jim Esposito As First-Ever President
▼ + stars: | 2024-05-30 | by ( Reed Alexander | Michelle Abrego | ) www.businessinsider.com time to read: +5 min

Read previewCitadel Securities announced Thursday that Jim Esposito, a former cohead of the global banking and capital markets group at Goldman Sachs, is set to join the company as president in September. He will report to Peng Zhao, Citadel Securities' CEO, a spokesperson for the firm confirmed to Business Insider. "We are thrilled to welcome Jim to Citadel Securities during a period of significant expansion and opportunity for our firm." Bloomberg News earlier reported Esposito's appointment to Citadel Securities on Thursday. Ken Griffin, the billionaire hedge fund founder of both the asset manager Citadel as well as Citadel Securities, relocated his companies' headquarters to the Magic City in 2022.

Persons: —, Jim Esposito, Goldman Sachs, Peng Zhao, Esposito, Goldman, Jim, Ken Griffin, Zhao Organizations: Service, Citadel Securities, Business, Citadel, Apple, Goldman, . Citadel, BI, Bloomberg, Sunshine State, Magic City, Elliott Management Locations: South Florida, London, Miami, Chicago . Miami

☆ Goldman Sachs names global ‘alpha’ stock ideas — and gives one nearly 60% upside
▼ + stars: | 2024-05-30 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Those searching for pockets of opportunities in the region can look to Goldman Sachs' selection of "alpha" stock opportunities. Goldman Sachs' list of opportunities include stocks with "deep value" and "defensive growth" characteristics. The company's shares are traded in the First Trust United Kingdom AlphaDEX Fund (1.2% weight) and Goldman Sachs ActiveBeta Europe Equity ETF (0.3%). 'Strong top-line prospects' Growth stocks the Wall Street bank is bullish on include those "with strong top-line prospects at reasonable growth-adjusted valuations." ASML: Goldman said the company has a "multi-decade competitive moat in High NA, which will be extremely difficult to replicate for the next 10-20 years at least."

Persons: Goldman Sachs, JD, Goldman, ASML, CNBC's Michael Bloom Organizations: Alpha, Sports Fashion, International Consolidated Airlines Group, ISS, First, United, AlphaDEX Fund, Equity, U.S . Global Jets ETF, NA, Euronext Amsterdam, Nasdaq Locations: U.S, Danish, Europe, Adyen

☆ CNBC Pro Talks: Beyond Nvidia: Outperforming fund manager to reveal the AI stocks to buy
▼ + stars: | 2024-05-28 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

As the hype surrounding artificial intelligence shows no signs of abating, one tech fund manager is set to reveal her top ways to play the AI theme. On Wednesday's Pro Talks, Pleydell-Bouverie — who co-manages Lionstrust's global tech, innovation and dividend funds — will name companies that are "selling the picks and shovels for AI" and are "already making money." Pleydell-Bouverie manages the Liontrust Global Innovation, Liontrust Global Dividend and Liontrust Global Technology funds. Over the year to the end of March, all three funds have beaten their benchmark indexes, with the Liontrust Global Technology Fund rising 51.9%, compared to the MSCI World Information Technology Index's 39.1%. Learn more from our previous Pro Talks: Should investors buy the dip in Lululemon?

Persons: Clare Pleydell, Bouverie —, Bouverie Organizations: Liontrust, Management, Big Tech, Tech, Liontrust Global Technology, Liontrust Global Technology Fund, Technology, CNBC, Nvidia Locations: London, Singapore

☆ Goldman Sachs analyzed 707 hedge funds managing a combined $2.7 trillion to find the top 10 AI stocks they're loading up on, plus 10 they're dumping
▼ + stars: | 2024-05-24 | by ( Laila Maidan | ) www.businessinsider.com time to read: +1 min

Hedge funds are shedding mega-cap tech and buying up other AI beneficiaries, says Goldman Sachs. Funds cut positions in Google, Amazon, Microsoft, Meta, and Nvidia for lesser-known AI plays. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . At the start of the second quarter, hedge funds were still clutching onto most of the blue-chip Magnificent Seven. Besides Tesla, all the stocks remained high on Goldman Sachs' Very Important Positions (VIP) list of top hedge fund holdings, according to a May 21 note.

Persons: Goldman Sachs, —, hasn't, it's, Tesla Organizations: Google, Microsoft, Meta, Nvidia, Service, Business Locations: Goldman's

☆ Options market sees 12% move in Nvidia after this 'unusually important' earnings report, says Goldman
▼ + stars: | 2024-05-22 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Nvidia has been the biggest story of Wall Street's rally to record highs, but the options market appears to be underestimating the impact of its earnings report Wednesday, according to Goldman Sachs. "NVDA options suggest investors expect this earnings report to be unusually important; NVDA options imply a +/-11.9% earnings-day move vs. its 4-quarter historical earnings-day move of +/-10.8%. The importance of this earnings report is easy to see given NVDA options volume has been 36% of all single stock options volumes over the past three months," the note said. The S & P 500 is a market cap-weighted index, meaning that Nvidia has taken on extra importance over the past two years. The options market has underpriced S & P 500 moves following the previous four Nvidia reports as well, according to Goldman.

Persons: Wall, Goldman Sachs, John Marshall, Marshall, Goldman, — CNBC's Michael Bloom Organizations: Nvidia, Traders

☆ Hedge funds are loading up on these under-the-radar AI plays while cutting back on the megacaps
▼ + stars: | 2024-05-22 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The Wall Street investment bank analyzed the holdings of 707 hedge funds with $2.7 trillion of gross equity positions at the start of the second quarter. Goldman found that hedge funds added to under-the-radar winners across the entire AI universe, particularly players in infrastructure, including Marvell Technology , TD Synnex , AES Corporation and Littelfuse . Copper miner Freeport-McMoRan and solar tracking company Nextracker, both involved in AI's power production, also saw increased popularity among hedge funds. Hedge funds also trimmed positions in other megacap stocks benefiting from the AI enthusiasm, including Microsoft , Meta Platforms and Amazon . Apple was the exception in the so-called " Magnificent Seven " group — hedge funds added exposure to the Tim Cook-led iPhone maker, according to Goldman.

Persons: Goldman Sachs, Goldman, Ben Snider, Tim Cook Organizations: Marvell Technology, AES Corporation, Littelfuse, Walgreens Boots Alliance, American, Nvidia, Microsoft, Meta, Apple Locations: Freeport, McMoRan

☆ Why I Quit Goldman Sachs' Rigid, Male-Dominated Culture
▼ + stars: | 2024-05-21 | by ( Lindsay Macmillan | ) www.businessinsider.com time to read: +11 min

The lack of female leadership in the financial industry is nothing new, but many companies have been making strides. But as I watch senior women continue their exodus from Goldman, I'm not sure the company actually wants to change. While many companies have modernized to embrace hybrid and remote work, Goldman has not. Rather than changing its "be in the office every day and grind it out" culture to better suit women, Goldman puts the onus on us to change ourselves to fit the model. But Goldman leadership seems to want the benefits of gender diversity without the hard work of supporting diverse leadership styles.

Persons: Goldman Sachs, —, Dina Powell McCormick, Beth Hammack, Stephanie Cohen, Goldman, I'd, It's, it's, Morgan Stanley, Jamie Dimon, David Solomon, I'm, hadn't, Julia Boorstin, — Goldman, I've, she's, Asahi Pompey, Yassaman Salas, Rebecca Anderton, Davies, Lindsay MacMillan Organizations: Street Journal, Goldman, Citi, JPMorgan, International Workplace, McKinsey, LinkedIn, CNBC, Deloitte, Asahi Locations: Canada, London, New York

☆ Goldman's tech analyst gives his top picks from here after evaluating first-quarter earnings results
▼ + stars: | 2024-05-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Goldman's top technology analyst is laying out his best internet picks as the first-quarter earnings season wraps up. He added that Alphabet should benefit from signs of strong advertising demand as it recovers from overblown concerns regarding long-term search. Sheridan also expects Meta Platforms to benefit from similar ad trends and its AI potential. Beyond the megacap names, Sheridan highlighted Expedia as a stock that should benefit from the normalization of online travel toward pre-Covid levels. EXPE YTD mountain Shares this year Instacart is another internet stock poised to benefit in this changing consumer landscape, including consolidation toward fewer online services and platforms, according to Sheridan.

Persons: Eric Sheridan, Sheridan Organizations: Amazon, Web Service, Sheridan, CART, UBER

☆ Buy this little-known brokerage that's poised to rally more than 70%, Goldman Sachs says
▼ + stars: | 2024-05-20 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Financial services company Marex Group could see more than 70% from here, due to its momentous growth rate, according to Goldman Sachs. The firm initiated coverage of London-based Marex Group, a global broker-dealer and commodities market maker, on Monday with a buy rating and a $33 per share price target. About half the growth came from acquisitions, while the rest came from organic growth and share gains, according to Goldman analyst Alexander Blostein. Catalysts behind this growth include strong industry volumes and tailwinds for the Futures Commission Merchants market. Marex Group debuted on the Nasdaq in late April, priced initially at $19 a share.

Persons: Goldman Sachs, Goldman, Alexander Blostein, Blostein, MRX, ROE Organizations: Marex, Futures Commission Merchants, Nasdaq, Futures Commission Locations: London, Europe

☆ AI is leading to the 'revenge of the liberal arts,' says a Goldman tech exec with a history degree
▼ + stars: | 2024-05-17 | by ( Meghan Morris | ) www.businessinsider.com time to read: +1 min

Goldman's George Lee said AI will empower non-technical workers, including those in risk management. The history major turned tech banker said AI enhances skills like critical thinking, creativity, and logic. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementA longtime tech banker with a history degree says AI could be a boon for non-technical workers. George Lee, the co-head of applied innovation at Goldman Sachs, told Bloomberg Television on Tuesday that he thinks AI will lead to the "revenge of the liberal arts" in the workforce.

Persons: Goldman's George Lee, Banks, —, George Lee, Goldman Sachs, Lee Organizations: Service, Bloomberg Television, Business

☆ These are Goldman Sachs' favorite stocks with 50% or more upside
▼ + stars: | 2024-05-15 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

'Conviction list' stocks with big upside Investors still looking for quality names with more upside may want to consider names in Goldman's conviction lists — directors' cut. CNBC Pro scoured Goldman's May conviction lists for stocks with further upside of 50% or more, based on the bank's price targets. Goldman gave it a price target of $35, implying 107% upside. Goldman gave it a price target of 37 euros ($40), implying 64% upside. The bank gave the stock a price target of 380,000 Korean won ($277), or potential upside of 94%.

Persons: Stocks, Goldman Sachs, Peter Oppenheimer, Goldman, Neste, — CNBC's Michael Bloom Organizations: Dow Jones, U.S . Federal, Fed, CNBC, Europe's, Energy, Korean Locations: 1Q24, United States, Europe, Asia, Korean

☆ The stock market has peaked and will trade flat for the rest of 2024, Goldman equity chief says
▼ + stars: | 2024-05-15 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Goldman Sachs chief US equity strategist David Kostin says the S&P 500 could trade flat for the rest of the year. He told Bloomberg TV that the index has already reached Goldman's year-end target of 5,200. AdvertisementThe stock market rally has run its course for 2024, as the S&P 500 now stands above Goldman Sachs' year-end prediction, the firm's chief US equity strategist David Kostin said. The S&P 500 surpassed Goldman's year-end target of 5,200 earlier this month. Still, the Goldman stock chief isn't giving up entirely on the possibility of a bullish turnaround.

Persons: Goldman Sachs, David Kostin, —, Kostin, Goldman Organizations: Bloomberg, Service, Bloomberg TV, Goldman, Federal, UBS

☆ Goldman's 'short basket' is jumping as hedge funds rush to cover positions during meme rally revival. Here are the stocks in it
▼ + stars: | 2024-05-14 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

As meme stocks once again dominate discourse on Wall Street, a Goldman Sachs basket is benefiting as hedge funds try to cover themselves. Goldman's "short basket," known officially as the GS Most Short Rolling Index, has jumped along with the resurgence of the meme-stock craze seen this week. When the original meme-stock mania took place, hedge funds rushed to cover their short positions as everyday investors squeezed them. GameStop short sellers lost almost $1 billion in Monday's rally. That experience even led to the demise of some hedge funds like Melvin Capital .

Persons: Goldman Sachs, Melvin Capital Organizations: GameStop, AMC, Melvin, LSEG, Wayfair

☆ Meet the students stacking internships and battling each other to get a foot in Goldman Sachs' and JPMorgan's doors
▼ + stars: | 2024-05-13 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +8 min

All this, the business administration student says, is part of his quest to land a job with a big bank like Goldman Sachs or JPMorgan. Advertisement"I have to grind a lot for academics and then do internships on top of that," Loh said. Many Singapore students have adopted a similar playbook to Loh's, padding their résumés with stacks of internships in the hopes of landing a spot at a top bank. AdvertisementHussain ended up doing five internships throughout his college career, including stints at a hedge fund and a private bank. Tan is slated to join a top European bank as an investment banking analyst this summer.

Persons: —, Channon Loh, he's, Loh, Goldman Sachs, Mike Kemp, Eric Sim, Sim, It's, Adnan Hussain, Hussain, Adnan Hussain Adnan Hussain, you'll, Nicholas Tan, Tan, Duo Geng Goh, Goh, it's, Chi Ang, gunning, Ang, Adrian Choo, Choo Organizations: Service, National University of Singapore, NUS, JPMorgan, Business, Getty, Goldman, Harvard, Crazy Rich, UBS Investment Bank, BI, Singapore Management University, SMU, Students, Banking Locations: Singapore, Crazy

☆ Goldman's Sara Naison-Tarajano: Tremendous amount of growth in the market has come from 'Mag 7'
▼ + stars: | 2024-05-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman's Sara Naison-Tarajano: Tremendous amount of growth in the market has come from 'Mag 7'Sara Naison-Tarajano, global head of Private Wealth Management Capital Markets at Goldman Sachs, joins 'Closing Bell' to discuss her high net worth strategy in the markets.

Persons: Sara Naison, Goldman Sachs Organizations: Private Wealth Management Capital, Goldman

☆ Goldman's picks from here as resilient consumer starts to show some cracks
▼ + stars: | 2024-05-13 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

While companies are painting a picture of a struggling consumer, Goldman Sachs has ideas for which names can still perform. That marks a turn from the story of the surprisingly resilient consumer that has shocked experts since the Federal Reserve began hiking interest rates. On the alcohol side, Herzog pointed to Constellation Brands as one that should not feel the consumer cracks. The average analyst surveyed by LSEG has a buy rating on the stock and foresees shares climbing another 15% over the next year. In addition to having a buy rating, the typical analyst surveyed by LSEG foresees the stock running up another 8.2%.

Persons: Goldman Sachs, Bonnie Herzog, Herzog, Clark, LSEG, Noel Wallace Organizations: Federal Reserve, Pepsi, Molson Coors, Monster Beverage, Colgate, Palmolive, Constellation Brands, Walmart, LSEG, Modelo, Pacifico, Analysts Locations: Kimberly

Goldman Sachs hiked its price target on Nvidia, calling for nearly 20% more gains ahead. The firm upgraded shares of Target to buy from neutral, and reiterated its $180 per share price target. The firm upgraded the clothing retailer to buy from neutral and increased its target price to $28 per share from $21. — Brian Evans 5:45 a.m.: Goldman Sachs raises Nvidia price target on still strong AI demand Goldman Sachs sees enough demand for artificial intelligence to drive sky high Nvidia even higher. The firm reiterated a buy rating on the chipmaker and raised its 12-month price target on the chipmaker to $1,100 from $1,000.

Persons: Goldman Sachs, TGT, Paul Lejuez, — Brian Evans, Wall, Brian Evans, Stephanie Yee, Toshiya Hari, Myles Allsop, Allsop, Fred Imbert Organizations: CNBC, Nvidia, UBS, Vale, Citi, Target, JPMorgan, UL Solutions, UL Locations: Monday's, North America, U.S, stoke, RIO

☆ Goldman Sachs just refreshed its conviction lists of global stocks — giving one 67% upside
▼ + stars: | 2024-05-06 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Goldman Sachs just refreshed its lists of top global stock picks, adding some and removing others. The investment bank's "Conviction List - Directors' Cut" aims to offer investors a "curated and active" list of 15 to 25 buy-rated stocks. The stocks are selected by a subcommittee designated by the bank's Investment Review Committee for each region. Here are three of the latest additions to Goldman's directors' cut lists — for Asia-Pacific and Europe — that were given more than 30% upside potential in the next 12 months. Goldman has a target price of 11,850 British pence ($148.71) on the stock, giving it around 30.7% upside potential.

Persons: Goldman Sachs, Goldman, London Stock Exchange Goldman, Oliver Carruthers, Samsung Biologics Goldman, Ziyi Chen, Michele Della Vigna, — CNBC's Michael Bloom Organizations: bank's Investment, London Stock Exchange, Microsoft, Samsung, Korean, EU's Renewable Energy, . Locations: Asia, Pacific, Europe, Korean

☆ Data center boom is tailwind for natural gas. Goldman says these pipeline stocks will profit
▼ + stars: | 2024-05-05 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

The two largest pipeline operators in the U.S. are poised to benefit from the data center boom as rising natural gas demand requires billions of dollar of infrastructure investment, according to Goldman Sachs. To satisfy power users, the data center boom could drive $7.4 billion in pipeline investments to boost capacity by 6.1 bcf/d through 2030. Goldman currently rates Kinder Morgan as buy with a stock price target of $20, implying 8% upside from Friday's close of $18.57. Williams Companies' market share stands at 33%, with strong exposure in the Southeast, including the nation's largest data center market in Northern Virignia. The company is the largest natural gas producer in the U.S., responsible for about 6% of total production.

Persons: Goldman Sachs, Kinder Morgan, Williams, KMI, Goldman, — CNBC's Michael Bloom Organizations: Goldman, Williams Companies, Williams, EQT Corp Locations: U.S, Texas, Northern Virignia

☆ Goldman Sachs names global stocks with sustainable dividends yields — and says one will hit 10%
▼ + stars: | 2024-05-03 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The dividend yield differential between Europe and the U.S. is the narrowest it's ever been, making Europe more appealing, according to Goldman Sachs. Goldman said there are also good opportunities in value stocks right now, particularly in banks and energy. The MSCI Europe Value index offers a dividend yield of 4.8% — 2.8 times that of the MSCI Europe Growth. Goldman added that the volatility surrounding rates now suggests that value stocks should continue to outperform growth equities. Here are some stocks in Goldman's screen of high dividend yield names.

Persons: Goldman Sachs, Goldman, CNBC's Michael Bloom Organizations: Companies Locations: Europe, United States, U.S

☆ These global stocks will soar on an $858 billion electric boom, Goldman says, giving one 45% upside
▼ + stars: | 2024-05-03 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

They project that 800 billion euros ($857.5 billion) will be spent on Europe's power transmission and distribution, thanks in part to "years of under-investment." Here are three of Goldman's buy-rated stocks with over 30% upside potential in the next 12 months. That gives the German stock — which is on Goldman's conviction list — about 35% potential upside. Goldman has a target price of 2,024 British pence on the stock, giving it around 42.8% upside potential. Goldman has a target price of 135 euros on the stock, giving it 45.5% upside potential.

Persons: Goldman Sachs, Goldman, Elia, — CNBC's Michael Bloom Organizations: E.on Goldman, E.on, Goldman Locations: Europe, Belgian

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