Goldman Sachs Predicts Stock Market Could Surge 15% More This Year, Driven by Tech Giants
• Stock market could surge 15% more this year in Goldman's bull case with S&P 500 reaching 6,000 • Mega-cap tech stocks like the Magnificent 7 can continue driving markets higher as they grow earnings faster than rest • Goldman tech stocks not in a bubble yet since investors now focused more on profitability • Annualized sales growth for Magnificent 7 expected to be 12% from 2023-2025, 4X higher than other S&P 500 companies • Goldman current valuation premiums not signaling a dot-com like bubble yet