Here are Friday's biggest calls on Wall Street.
Here are Friday's biggest calls on Wall Street: Goldman Sachs names Microsoft a top 2023 pick Goldman said Microsoft is a top defensive stock in a downturn. "Based on GS Macro's call for a soft landing and our research, we highlight a group of defensive stocks for a downturn." Read more about this call here. Goldman Sachs upgrades Jazz Pharmaceuticals to buy from neutral Goldman said it sees "multiple upside levers" for the pharmaceutical company.
"Net, while we understand why investors are focused on units price and the Dec Q disruption, we believe any stock dislocation on the back of supply-related disruptions presents an opportunity to own one of the highest quality tech platforms featuring a first-rate management team and consistent execution that is trading in-line with its trailing 5 year average P/E.
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