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Goldman Sachs’ Three Stock Picks With Over 50% Potential
The stock market has had a solid bull run this year, with the S&P 500 and Nasdaq both rising more than 20%. Investors are wondering if the markets would be able to maintain their gains into next year.
“Contrary to the perception of many investors, the fantastic YTD performance is not a compelling reason in itself to forecast a poor return in 2022,” argues David Kostin, chief US equity strategist at Goldman Sachs.
The stock market has been on a tear this year, with the S&P 500 and Nasdaq both up more than 20%. Investors are unsure if the markets would be able to extend their advances into next year.
“Contrary to many investors’ perceptions, the great YTD performance is not a compelling argument in and of itself to estimate a low return in 2022,” says David Kostin, Goldman Sachs’ top US equities strategist.
In fact, three equities in particular are expected to climb more than 50%, according to the firm’s analysts. We discovered that each ticker has garnered enough support from other Wall Street analysts to obtain a “Strong Buy” consensus rating using TipRanks’ database. Let’s look at it more closely.
Sema4 Holdings (SMFR)
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