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Goldman: Investors Worried About Trump Should Buy These 6 Stocks

Image: Goldman: Investors Worried About Trump Should Buy These 6 Stocks

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By    |   Sunday, 29 Jan 2017 07:49 PM

Savvy investors who may be wary of President Donald Trump after his volatile and controversial week in office would do well to buy stock in companies with strong future-growth prospects that aren’t dependent on his economic agenda.

"Investor angst is high. One investment strategy that avoids the risk of potential policy pitfalls is to focus on stocks with high secular growth potential," Goldman Sachs strategist David Kostin wrote in a recent note to clients, CNBC.com reported.

"'Unsettled' is our best description of fund managers' mindset as the new administration takes office. ... Policy uncertainty was a topic of concern raised in every client meeting."

Kostin acknowledged that the dizzying pace of Trump’s first week in office may very well cause confusion and angst for investprs.

"Investor confusion increases when a topic that appears to be gaining political momentum — such as border adjusted tax reform — is suddenly discredited when the president dismisses the idea saying it is 'too complicated,'" he wrote.

The strategist updated the firm's "Rule of Ten" basket of secular growth stocks that are "capable of growing sales rapidly, independent of economic and policy uncertainty."

Two crucial aspects of the litany are companies that have "increased sales by at least 10% in each of the last two years and forecast to grow sales by 10% or more in each of the next two years based on estimates from Goldman Sachs equity research analysts,” CNBC reported.

Here are six most well-known companies of the 25 stocks Goldman highlighted

  • Amazon.com Inc.
  • Pandora Media Inc.
  • Netflix Inc.
  • GrubHub Inc.
  • Alphabet Inc. Class A
  • Twitter Inc.

As his first week in office proves, Trump will be a demanding leader who applies the best of his negotiating skills to push for U.S. growth, as bestselling author David Horowitz recently predicted to TheStreet.com.

Trump won’t be an ideological purist like Republicans who support free trade but don't fight for fair trade, Horowitz said.

“We've had an anti-business president now for eight years who doesn't take a hard-nosed attitude towards these deals. Trump is going to get better deals for us, which is still free trade.”

Horowitz's new book, "The Big Agenda: President Trump's Plan to Save America," reveals Trump's "first 100 days strategy" to roll back Obama's legislative and executive record.

Horowitz's book is the first book about the Trump presidency and has soared to the top of the Amazon bestseller charts, becoming the No.1-selling book on the web.

Trump will also lead the way in making infrastructure spending to boost the U.S. economy, Horowitz said.

"Big Agenda: President Trump's Plan to Save America" is available at bookstores everywhere – or get your copy on Amazon – Click Here Now

“If the economy grows as it will under Trump, there's going to be a lot more money to spend,” he said.

Stephen Moore is a distinguished visiting fellow at The Heritage Foundation, economics contributor to FreedomWorks and author of "Who's the Fairest of Them All?" To find out more about Stephen Moore and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate Web page atwww.creators.com.

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Savvy investors who may be wary of President Donald Trump after his volatile and controversial week in office would do well to buy stock in companies with strong future-growth prospects that aren't dependent on his economic agenda.
donald trump, goldman sachs, investors, stocks
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2017-49-29
Sunday, 29 Jan 2017 07:49 PM
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