Goldman Sachs analysts say there’s still potential for more stock gains | CNN Business

New York CNN  — 

It’s been a bumpy road for the stock market this year, but investors aren’t complaining.

That’s because markets have rallied to new highs and have already soared past analysts’ 2024 estimates.

The S&P 500 has surged more than 10% since January, and last week it surpassed Goldman Sachs’ year-end target of 5,200.

So what comes next?

The question is weighing heavily on the minds of investors, Goldman Sachs’ strategists wrote in a note Friday.

The analysts, led by Goldman’s chief US equity strategist, David Kostin, presented

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Chuck Todd rips NBC News for hiring former RNC chair Ronna McDaniel | CNN Business

CNN  —  Former “Meet the Press” moderator Chuck Todd delivered a stunning rebuke of NBC News on Sunday,...

Learn ASL with This Bundle, Just $40 Through March 24

Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may...

Flying is getting scary. But is it still safe? | CNN Business

New York CNN  —  The reports of harrowing and sometimes tragic incidents aboard airplanes accelerated this year, leading many...