Goldman Sachs: Capital-Intensive Stocks to Outperform Light-Asset Peers, Driven by Earnings; Up 15% YTD

According to Goldman Sachs strategists Guillaume Jaisson and others, capital-intensive companies are poised to post robust earnings this quarter and further outperform lighter-asset peers this year. A basket of European capital-intensive sector stocks has gained 15% year-to-date, including utilities and energy, while light-asset stock indices have declined 2% amid investor skepticism over elevated AI valuations. Goldman strategists noted that earnings estimates reflect similar divergence, with capital-intensive stocks seeing the largest upward revisions in profit expectations.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments