Goldman's new investment list includes Apple (AAPL), Amazon (AMZN), JPMorgan (JPM)

June 1, 2023 5:45 AM EDT
Get Alerts AAPL Hot Sheet
Price: $170.43 -0.89%

Rating Summary:
    42 Buy, 21 Hold, 6 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 2 | Down: 2 | New: 36
Join SI Premium – FREE

Goldman Sachs analysts led by Steven Kron published today a new investment list that consists of 22 stocks highlighted by the broker’s research analysts. It includes fundamental Buy-rated U.S. stocks chosen by Goldman’s “Investment Review Committee”.

“This new “Conviction List – Directors' Cut” is designed to provide investors with a curated and active list of 20-25 of what we believe to be our most differentiated fundamental Buy ideas across our US stock coverage,” Kron said in a client note.

The list includes mega-cap names like Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN). These two tech stocks offer 18% and 37% upside, respectively, based on Goldman Sachs’ price targets.

Other stocks included in the list with a market capitalization exceeding $50 billion include Salesforce (NYSE: CRM), Vertex Pharma (NASDAQ: VRTX), Merck (NYSE: MRK), HCA Healthcare (NYSE: HCA), and JPMorgan Chase (NYSE: JPM).

Stocks with the highest potential are WW International (NASDAQ: WW) and Warner Bros Discovery (NASDAQ: WBD) as analysts see 98% and 86% upside, respectively.

By Senad Karaahmetovic

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Hot Comments, Hot List

Related Entities

JPMorgan, Goldman Sachs, Senad Karaahmetovic