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Goldman's top trades heading into earnings season
  + stars: | 2023-04-12 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +2 min
First-quarter earnings season kicks off this week and Goldman Sachs analysts see upward earnings revisions driving several stocks higher. Last quarter, single stock volatility on earnings events were near a decade high, Marshall said. His team expects moves on companies' earnings days to remain elevated "even as non-earnings day moves decline with macro volatility." Its analysts are projecting 7% earnings growth for the first quarter and 5% over the next four quarters. The chipmaker's earnings are projected to fall 7% in the most recent quarter, Goldman said.
Goldman Sachs says 2023 should be a decent year for stocks even if there's a recession. The firm's investment strategy group discussed its multi-asset views this week. The simultaneous nosedive in stocks and bonds last year doesn't debunk the theory behind the traditional 60-40 portfolio, according to Goldman Sachs. But Sharmin Mossavar-Rahmani, the head of the Investment Strategy Group (ISG) at Goldman Sachs, says that it's not that unusual for stocks and bonds to move in the same direction. In fact, he noted that if a recession begins and ends in 2023, stocks may not have a bad year.
Investors may need to dig deep to find upside plays during the fourth quarter earnings season, but there are still likely winners to be found, according to Goldman Sachs. In a note to clients on Thursday, managing director John Marshall said the options market suggests Wall Street will need to be blown away for companies to get rewarded this earnings season. Investors can use call options to play earnings season by buying contracts that expire after the report with a slightly higher strike price than the current market price. The following stocks have buy ratings from Goldman analysts, where the firm expects a healthy earnings beat. Expedia , which has surged 21% so far this year, is also well-liked by Goldman analysts.
In exchange for as little as a few thousand dollars in contributions to the nonprofit, these people received easy access to events where Supreme Court justices would be. Supreme Court Historical society trustee Jay Sekulow, center, represented President Trump during the latter's impeachment trial in 2020. Anti-abortion advocates cheer in front of the Supreme Court after the decision in Burwell v. Hobby Lobby Stores was announced in 2014. Alito did not respond to a request for comment on his involvement in the Supreme Court Historical Society. Supreme Court justices, though, aren't even required to stay within those weak guardrails because no code of ethics governs justices' behavior.
Q3 earnings estimates have been cut by 6% in the past six months. Goldman Sachs recommended 25 options trades to profit from high volatility. With preparation and a bit of luck, investors can score gains regardless of what the new Q3 earnings season brings by trading stock options. "Single stock options suggest elevated fear is priced in," wrote John Marshall, a Goldman Sachs managing director who covers stock options, in an October 12 note. 25 top options trades to make nowBelow are 25 options trades that Goldman Sachs recommends making during the Q3 earnings season.
Topul anului 2018. Ce cărți au citit și recomandă cei mai influenți oameni de afaceri din lumeRevista Bloomberg a realizat un top al celor mai citite și recomandate cărți de către cei mai influenți oameni de afaceri din lume. În anul 2018, multe cărți care au ajuns în top abordează subiectele legate de tehnologii și rețelele de socializare și modul cum acestea influențează viața oamenilor. Cea mai recomandată carte de liderii lumii, pentru Bloomberg, este The Coddling of the American Mind (Codificarea minții americane), de Greg Lukianoff și Jonathan Haidt. Pe locul doi s-a clasat Bad Blood (Sânge Rău), de John Carreyrou.
Persons: Topul, În, de tehnologii, Greg Lukianoff, Jonathan Haidt, John Carreyrou, Gil, de James, Deborah Fallows, Tara Westover, de Tyler Cowen, Leonardo da Vinci, de Walter Isaacson, de Alan Gratz, Hans Rosling, Ola Rosling, Anna Rosling Rönnlund, Edward Tenner, Dan Barber, de Marty Cagan, Grant, de Ron Chernow, de Ray Dalio, de Daniel Coyle, Satya Nadella, Jill Tracie Nichols, Greg Shaw, de Paul Volcker, Christine Harper, Jeremy Heimans, Henry Timms, Ulysses S, de Ulysses S, Pearl, Dana Mackenzie, Patty McCord, Be, de Ichiro Kishimi, Fumitake Koga, de Brené, John Marshall, de Joel R, Paul, de Denis Johnson, Mark Helprin, de Graham Allison, de Lisa Brennan, Max Tegmark, Paula McLain Organizations: lume Revista Bloomberg, Bloomberg, of, Society of Free, Food, Tech, Sound, Good Government, Intelligence Locations: jos, of America, Paris, America, China
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