Goldman Sachs Bullish on These 3 Stocks for Triple-Digit Returns

Goldman Sachs Bullish on These 3 Stocks for Triple-Digit Returns

If there’s one thing certain, it’s that markets are unpredictable – and that unpredictability is increasing. The reasons are multiplying: high inflation is rising higher, wages are not keeping up, Russia’s invasion of Ukraine has started Europe’s largest war since 1945, and energy and food commodities – key ingredients in the inflation mix – are sure to rise in price as a result of that fighting.

It will be interesting to see, in the coming weeks, just how these cross currents impact the markets, and especially so as we approach the peak of the earnings season. Last year, despite high inflation, saw generally solid earnings numbers; the big question now is, will that continue?

The analysts at Goldman Sachs are working to give at least one answer to that question, by finding stocks that are primed to gain in the current environment. They’ve picked out three equities that offer the attractive combination of Buy-ratings and high upside potential – in the Goldman view, triple-digit potential. We ran the trio through TipRanks' database to see what other Wall Street's analysts have to say about them.