Goldman Sachs says buy these 23 stocks on its high-conviction list, including a banking giant it just added
From Yahoo Finance: 2025-06-05 18:46:00
Goldman Sachs released its top stock ideas for June, focusing on banking, energy, and tech sectors. The US Conviction List, updated monthly, includes 23 top picks curated by an investment committee. The list has achieved a 47% hit rate over two years, outperforming benchmarks. Four new names were added in June, including Capital One Financial.
Among June’s top stock picks are Philip Morris International, Bank of America Corp, Capital One Financial Corp, and Houlihan Lokey Inc. Each company has a market cap, 12-month price target, and unique investment thesis. Other picks include Mid-America Apartment Comm, Raymond James Financial Inc, and Alnylam Pharmaceuticals Inc, among others, with specific targets and theses.
Investment opportunities extend to companies like Deere & Co, GE Vernova Inc, Woodward Inc, Kodiak Gas Services Inc, Universal Display Corp, and more. Each company has a market cap, 12-month price target, and an investment thesis outlined for potential growth. These picks offer insight into various industries and market trends for investors seeking new opportunities.