Goldman: Favor industrials and financials as economy picks up


Bullish on the economy, Goldman's David Kostin says investors should favor those firms with high fixed costs as they'll benefit most from margin expansion. This leads him to pick industrials (XLI) and financials (XLF) as his favorite sectors.

Industrials ETFs: FXR, IYJ, PRN, XLI, VIS, RGI, PSCI, UXI, SIJ.

Financials ETFs: XLF, IYF, PFI, VFH, RYF, RWW, FAS, UYG, FAZ, SKF, SEF, IAI, FXO, PSCF, KBWD, KBWB, IYG, FINU, FINZ.

Goldman's got a basket of 50 names set to benefit most from stronger GDP growth. Included are ANF, WFM, APC, R, X. More names as we get them.

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Comments (2)
  • Hungry for Knowledge
    , contributor
    Comments (683) | Send Message
     
    and if the economy doesn't pick up, Goldman?
    9 Sep 2013, 12:24 PM Reply Like
  • prozackills
    , contributor
    Comments (9) | Send Message
     
    Wasn't it Goldman who were telling their clients to buy one thing while they were shorting it?
    11 Sep 2013, 01:56 PM Reply Like
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