The Wall Street giant expects investors to focus on established companies with favorable profits instead of high-growth names in the quarters to come.
Earnings season is over, and Goldman Sachs has identified three stocks with major upside potential. In the first quarter, the investment bank said, investors focused on the health of the global consumer and post-pandemic growth balancing with increased margins. However, looking ahead, it expects investors to focus on large companies with profitable business models.
line "Unlike some of the recent shifts in platform investments across our coverage universe, we would highlight that XMTR has historically been built as a platform with AI/ML at the very core of its competitive moat," the Goldman Sachs analysts said in a note to clients on May 19. Expedia Expedia, the owner of travel portals Expedia.com and Hotels.com, reported strong earnings in the first quarter, thanks to increased travel after the Covid-19 pandemic.
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