Headlines
- Institutional Insights Highlight Top Performers
- Goldman Sachs' Standout Stock Selections
- Wall Street’s Strong Picks for September
Institutional Insights Highlight Top Performers
When institutional investors show interest in stocks, it signals confidence in those selections. With vast resources and comprehensive research, these investors make well-informed decisions, often leading to favorable outcomes in the long term. Their choices reflect thorough analysis and strategic thinking, minimizing reactions to short-term market fluctuations.
Goldman Sachs' Standout Stock Selections
Goldman Sachs (NYSE:GS) has identified a list of stocks favored by both hedge funds and mutual funds for the second quarter of 2024. According to Goldman Sachs, stocks from this combined list have outperformed the S&P 500 Index in 61% of months since 2013, showing a consistent annual advantage of 3 percentage points. This further reinforces the credibility of these selections.
Wall Street’s Strong Picks for September
Here are six notable stocks from Goldman Sachs’ lineup that also hold a “Strong Buy” consensus from Wall Street analysts:
- Visa
Visa (V) is a leading global payments technology company, connecting users across more than 200 countries. With over 200 billion transactions processed annually and a network of over 80 million merchants, Visa boasts a market cap of $495.13 billion.
- UnitedHealth Group
UnitedHealth Group (UNH) is a major player in the healthcare sector. Established in 1974, it operates through UnitedHealthcare for health benefits and Optum for various health services, including pharmacy benefits management.
- Uber
Uber (NYSE:UBER), founded in 2009, provides app-based services such as ride-hailing, food delivery, and freight transportation. Based in San Francisco, Uber’s market cap stands at $151.6 billion.