New for subscribers: Goldman Sachs likes these small caps with strong balance sheets, improving cash flows Check out CNBCPro for a free trial.
An employee of Dick's Sporting Goods in Destiny USA mall delivers products to a shopper, as customers pick up goods from retailers offering curbside pick up as the coronavirus disease restrictions ease in Syracuse, New York, U.S., May 15, 2020.After a stunning market comeback, small caps are still lagging their large-cap counterparts, leaving investors a good opportunity to pick out winners, Goldman Sachs said.
The Wall Street firm found a number of small-cap names with strong balance sheets and improving cash flows, which stand the best chance to outperform in the near term as the lumpy economic recovery unfolds. "While some of the focus on liquidity / balance sheet concerns has abated given the material tightening in credit spreads, we expect companies with strong financial positions to continue to stand-out as COVID-19 uncertainties persist," Deep Mehta, a vice president at Goldman, said in a note.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Face masks could actually save the economy, Goldman Sachs saysWearing a face mask during the pandemic saves lives. And it may save the economy, too, by preventing the need for lockdowns that would wipe out 5% from US GDP, according to Goldman Sachs.
Read more »
A National Mask Mandate Could Save The U.S. Economy $1 Trillion, Goldman Sachs SaysMasks are now a divisive issue, even as new Covid-19 cases reach record levels in the United States.
Read more »
Goldman Sachs believes it figured out how to find which stocks will outperform in this crazy marketNew for subscribers: Goldman Sachs believes it figured out how to find which stocks will outperform in this crazy market Check out CNBCPro for a free trial.
Read more »
Stock picks to buy, 15 cheap firms with strong growth upside: Goldman - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Dow caps off best quarter since 1987 as strong economic data drives gains - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
U.S. Stocks Edge Up After S&P 500’s Best Quarter in Over 20 YearsU.S. stocks opened the third quarter with small gains Wednesday after data showed the labor market continued to improve in June
Read more »