Kostin notes early May was solid for the S&P 500, but cited month-end drags in telecom services and utilities (-7 and -9 percent, respectively).
Nevertheless, he projects the S&P will end up 7.3% by year end, at 1750.
Like last time, the list of undervalued stocks is dominated by the energy industry. You'll find some healthcare and tech picks in there too.
Please follow Money Game on Twitter and Facebook.
Follow Steven Perlberg on Twitter. Tags: Investing, Features, Goldman Sachs, Stocks | Get Alerts for these topics »
0 comments:
Post a Comment