economy
Goldman likes these five stocks as market fears intensify
Goldman Sachs named five stocks that the firm says have more room to run as market uncertainty continues
TL;DR
- Goldman Sachs has named Nvidia, Ross Stores, Viking Holdings, Once Upon a Farm, and Dutch Bros. as must-own stocks.
- The firm recommends buying the dip in these companies due to rising market fears.
- Dutch Bros. is praised as a best-in-class growth story in the US restaurant space with strong unit economics.
- Once Upon a Farm is highlighted for its premium baby/kids food, strong brand power, and trend towards better-for-you consumption.
- Viking Holdings is a luxury cruise company showing strong performance and resilience to geopolitical uncertainty.
- Ross Stores reported a robust fourth quarter with significant acceleration in comparable sales.
- Nvidia is expected to see upside in CapEx forecasts from hyperscalers and increased visibility into spending by non-traditional customers.