Previous close | 311.57 |
Open | 343.22 |
Bid | 310.00 |
Ask | 313.90 |
Strike | 1,040.00 |
Expiry date | 2025-03-21 |
Day's range | 311.57 - 343.43 |
Contract range | N/A |
Volume | |
Open interest | 343 |
Goldman Sachs (GS) has released its conviction list focusing on three key areas: artificial intelligence, consumer trends, and sustainability. Goldman Sachs Director of Americas Equity Research Steve Kron joins Catalysts to discuss the details. Kron explains that the purpose of this list is to help investors identify stocks where Goldman Sachs has "the highest level of conviction" for outperformance. Since the list's introduction last June, Kron emphasizes that "the feedback has been fantastic." Pinterest (PINS) was recently added to the list, while Amazon (AMZN) and Guidewire (GWRE) were removed. According to Kron, Goldman analyst Eric Sheridan believes Pinterest has the ability to "monetize their user base," with margin expansion potential over the next five years and earnings projected to be 6% above estimates in 2025. The stock also presents a favorable 3-to-1 upside-to-downside risk ratio. As for Amazon and Guidewire, they were removed to "keep the list fresh," though Kron notes they remain solid stock picks. Regarding the selection process, Kron tells Yahoo Finance, "We spend a lot of time on investment process, and we spend a lot of time with our analysts talking about stock recommendations. So these are sourced from them," with names like Nvidia (NVDA) and Citigroup (C) both making the list. Watch the video above to hear Kron's explanation on how the firm determines the themes of the list. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
TAIPEI (Reuters) -Foxconn is building in Mexico the world's largest manufacturing facility for bundling Nvidia's GB200 superchips, a key component of the U.S. firm's next-generation Blackwell family computing platform, senior executives at the Taiwanese company said on Tuesday. Foxconn, the world's largest contract electronics manufacturer and known as Apple's biggest iPhone assembler, has been benefiting from the artificial intelligence boom as it assembles servers used to process AI work. "We're building the largest GB200 production facility on the planet," said Benjamin Ting, Foxconn senior vice president for the cloud enterprise solutions business group.
With the Q3 cycle about to pick up, taking a look at companies from a cross-sector view can help provide us with a small base of what to expect.