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12 Bank Stocks Goldman Sachs Wants You to Buy Immediately

June 4, 2018

Via: TheStreet

Goldman Sachs thinks higher interest rates and deregulation will be music to the ears of investors in banks.

The investment bank’s chief equity strategist David Kostin expects the S&P 500 to rise by 5% to 2,850 by year end. Kostin has outlined these two themes for investors to work into their strategic planning:

Look Towards 2019

Kostin recommends investors look beyond tax-reform aided 2018 earnings growth. Sales and profits will continue to grow in 2019, Kostin says — the latter is likely to increase by a double-digit percentage.

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