Can the 'Seven Giants' continue to play and dance this year? Goldman Sachs: It depends on their performance.

Zhitong
2024.02.06 02:23
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Goldman Sachs stock strategist said that strong sales growth will be the key to the continued outstanding performance of the "Big Seven" stocks in the US stock market after their explosive rise in 2023. These seven stocks have performed well so far, with a return rate of 7.9%, while the return rate of other component stocks of Pro UltrPro Shrt S&Pro 500 is only 2.6%. It is expected that by 2026, the average annual sales growth rate of these seven companies will reach 12%, while the annual sales growth rate of other companies in Pro UltrPro Shrt S&Pro 500 will only be 3%. Goldman Sachs believes that the sales growth of these seven stocks will be their most important driving force.