- Goldman Sachs sees limited upside for the S&P 500 in 2023 as earnings stay flat.
- But if corporate earnings decline in a recession, US stocks could plunge.
- Here are 40 stocks that Goldman Sachs analysts believe have the most upside right now.
US stocks got off to a choppy start in the first week of 2023, and Goldman Sachs thinks the volatility is only just getting started.
Although Goldman’s year-end S&P 500 target of 4,000 implies a muted 5% gain, its strategists see the path forward as anything but uneventful. The firm predicts the index will slide 6% to 3,600 in the first three months of 2023 before rebounding by 8% to 3,900 at the year’s midpoint.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased