| Previous close | 2.7000 |
| Open | 2.8400 |
| Bid | 2.4400 |
| Ask | 3.0500 |
| Strike | 490.00 |
| Expiry date | 2025-01-17 |
| Day's range | 2.7400 - 2.8400 |
| Contract range | N/A |
| Volume | |
| Open interest | 780 |
- Yahoo Finance Video
This is Goldman Sachs' stock picking strategy for 'conviction list'
Goldman Sachs (GS) has released its conviction list focusing on three key areas: artificial intelligence, consumer trends, and sustainability. Goldman Sachs Director of Americas Equity Research Steve Kron joins Catalysts to discuss the details. Kron explains that the purpose of this list is to help investors identify stocks where Goldman Sachs has "the highest level of conviction" for outperformance. Since the list's introduction last June, Kron emphasizes that "the feedback has been fantastic." Pinterest (PINS) was recently added to the list, while Amazon (AMZN) and Guidewire (GWRE) were removed. According to Kron, Goldman analyst Eric Sheridan believes Pinterest has the ability to "monetize their user base," with margin expansion potential over the next five years and earnings projected to be 6% above estimates in 2025. The stock also presents a favorable 3-to-1 upside-to-downside risk ratio. As for Amazon and Guidewire, they were removed to "keep the list fresh," though Kron notes they remain solid stock picks. Regarding the selection process, Kron tells Yahoo Finance, "We spend a lot of time on investment process, and we spend a lot of time with our analysts talking about stock recommendations. So these are sourced from them," with names like Nvidia (NVDA) and Citigroup (C) both making the list. Watch the video above to hear Kron's explanation on how the firm determines the themes of the list. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
ReutersFoxconn building world's largest Nvidia superchip factory
TAIPEI (Reuters) -Foxconn is building the world's largest manufacturing facility making the Nvidia GB200 chip to help meet "awfully huge" demand for the AI darling's Blackwell platform, a senior executive at the Taiwanese company said on Tuesday. Foxconn, the world's largest contract electronics manufacturer and known as Apple's biggest iPhone assembler, has been benefiting from the artificial intelligence boom given it also makes servers. Benjamin Ting, Foxconn senior vice president for the cloud enterprise solutions business group, said the partnership between his company and Nvidia was very important.
Zacks3 Key Releases to Watch This Earnings Season: NVDA, MCD, TSLA
With the Q3 cycle about to pick up, taking a look at companies from a cross-sector view can help provide us with a small base of what to expect.
