Goldman Sachs: Buy These 2 Stocks Before They Jump 70% (or More)

Goldman Sachs: Buy These 2 Stocks Before They Jump 70% (or More)

What to make of the markets this year? 2022 started with a sharp drop, and we’re still seeing increased volatility, with large intraday swings in the main indexes. But where January was noted for showing four weeks in a row of net losses, February hasn’t been so hard on investors.

Looking at the situation from Goldman Sachs, global chief equity strategist Peter Oppenheimer notes several points. First, that January's jobs report was far better than expected, indicating economic strength, and second, that the markets have priced in the Fed’s change of policy. The second point may be key, in his view.

"Overall, the economy remains pretty robust. And as long as the economy is still growing, then profits will grow. And although we've seen a D rating in the equity market as interest rates have increased, we'll still get a gradual trend in equity markets higher," Oppenheimer opined.