Goldman Sachs recommends stable stocks to reduce volatility
Goldman Sachs advises investors to consider certain stocks that are not heavily influenced by trade and macroeconomic factors. This advice comes as market worries grow ahead of a significant tariff deadline set by President Donald Trump. Recently, the S&P 500 and Nasdaq experienced a sharp decline due to fears that new tariffs could raise inflation and slow economic growth. Goldman’s chief equity strategist, David Kostin, lowered the year-end target for the S&P 500, indicating a cautious market outlook. Among the recommended stocks are Amdocs, Kroger, and Boston Scientific. Amdocs has shown stable earnings growth, and analysts predict a rise in its stock price. Kroger has performed well, with shares increasing significantly, while Boston Scientific has similar gains and positive earnings expectations.