Posted 2/4/2024, 10:07:00 AM
Stocks Surge on Economic Optimism and Tech Rebound, Goldman Tags Top Picks
- Stocks are building on 2023's gains, led by mega-cap tech names like Nvidia, Microsoft, and Meta
- Improving economic growth forecasts and a potential Fed rate cut are bullish catalysts
- Goldman's conviction buy list has 22 stocks with up to 94% upside potential
- The stocks span various sectors like consumer, healthcare, industrials, and tech
- Reasons for picks include inflections in growth, valuations, industry tailwinds, and innovation potential