From Nasdaq: 2024-05-03 12:36:50

In April, the S&P 500 Index dropped over 4%, prompting fears of high wage growth keeping interest rates high. The Federal Reserve decided to keep rates steady but hinted at a possible hike in the future. Goldman Sachs recommended five quality stocks – Alphabet, Zoetis, O’Reilly Automotive, Fastenal, and Church & Dwight – as top picks in the current market. Each of these companies has shown resilience and strong growth potential despite market volatility. With strong fundamentals and growth prospects, these stocks are worth considering in uncertain times.



Read more at Nasdaq: 5 High-Quality Stock Picks from Goldman Sachs