Wednesday, July 15, 2020

Growth stock portfolio: 10 stocks

Here is the article. 

Goldman’s growth playbook

For investors who still want to bet on growth stocks, Goldman came up with a list of names with strong growth and high margins but less risk from regulation and high valuations.
The bank screened for Russell 3000 stocks with over $1 billion market cap and with the following features:
  • Positive sales growth in each of the past three years, averaging at least 10%
  • Consensus 10%+ sales growth in each of the next two years
  • Consensus 2019 net profit margins greater than 10%
  • Forward EV/sales ratios below 6 times
  • Low regulatory risk based on share of industry U.S. sales
The list of 21 stocks is concentrated in tech and health care, and contains credit card service company Euronet Worldwide, software firm EbixSupernus Pharmaceuticals, athletic apparel maker Lululemon Athletica and chipmaker Advanced Micro Devices.

No comments:

Post a Comment