The firm rebalanced its return on equity growth basket of stocks, which is sector-neutral to the S & P 500.
It contains 50 names with the highest consensus expected ROE growth over the next 12 months.
Stocks with greatest expected ROE growth include gold mining company Newmont , wireless infrastructure real estate investment trust American Tower , chipmaker Advanced Micro Devices and toy manufacturer Hasbro , according to Goldman.
The communications-focused REIT has the second-highest expected ROE growth — 48% — of the names on Goldman's list.
In addition to these names, Netflix and T-Mobile are also among the names in Goldman's ROE growth basket.
Persons:
Goldman Sachs, ROE, David Kostin, Kostin, Goldman, Newmont, REIT, Goldman's ROE
Organizations:
Federal Reserve, Devices, Hasbro, AMD, Nvidia, UBS, Netflix, Citigroup
Locations:
Newmont, Goldman's