Goldman Sachs, a leading investment bank founded in 1869, offers financing, advisory services, and risk management to institutional clients. Their Conviction List features high-yielding stocks with strong growth potential. Investors should consider these stocks amidst a volatile market. The list includes dividend-paying stocks that could benefit from a potential rate cut by the Fed in December.
Brixmor Property Group, a reliable REIT, owns over 360 retail centers in the US. Their portfolio includes well-known properties like Dickson City Crossings and Gateway Plaza. Goldman Sachs has set a target price of $32 for Brixmor, indicating a 22% upside potential.
Duke Energy, an electric power company, operates in the US using various energy sources. They pay a generous 3.44% dividend. Goldman Sachs has set a target price of $138 for Duke Energy, representing an 11% gain from current levels.
Hershey Company, a snacks company, offers a 2.91% dividend to investors. Their portfolio includes chocolate, gum, protein bars, and more. Goldman Sachs has set a target price of $220 for Hershey, reflecting a 30% potential gain.
Kodiak Gas Services provides contract compression services in the US energy sector, with a 5.15% dividend. Their services support natural gas and oil production. Goldman Sachs has set a target price of $42 for Kodiak Gas, signaling a potential 14% increase.
Valero Energy, a multinational company, produces liquid transportation fuels and petrochemical products, with a 2.56% dividend. They operate refineries and market their products globally. Goldman Sachs has set a target price of $197 for Valero, indicating a 16% gain.
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Read more at Yahoo Finance: 5 High Yielding Goldman Sachs Conviction List Picks Deliver Safe Passive Income
