Goldman says buy these five stocks ahead of earnings before it's too late
Goldman Sachs said this week there are still plenty of quality buying opportunities ahead of earnings.
TL;DR
- Goldman Sachs identifies Spotify, Eli Lilly, Roblox, Carlyle Group, and On Holding as attractive investment opportunities.
- Carlyle Group is recommended due to its inexpensive fees, robust cash flow, and potential for growth through share repurchases or M&A.
- Spotify is suggested for purchase due to steady growth, strong long-term themes, and pricing power, despite recent stock performance.
- On Holding's pullback is seen as an opportunity, with analysts citing strong upcoming performance, accelerating running trends, and potential gross margin upside.
- Eli Lilly's stock is expected to see short-lived pullbacks due to its strong position in the obesity market and potential for new products.
- Roblox is predicted to achieve over 20% compounded forward bookings growth and increased user monetization through various initiatives.