Goldman Sachs just updated its confidence list for global stocks, giving 3 stocks more than 40% room for upside
Goldman Sachs has updated its list of the world’s best stock picks for December, adding some stocks and deleting some.
The stocks appear on the investment bank’s “Conviction List – Director’s Cut,” which has a “curated and active” list of Buy-rated stocks.
A number of stocks have also been added to Directors’ Ratings, including the following three stocks that Goldman Sachs believes have upside potential of more than 40% over the next 12 months.
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— Amala Balakrishna
CNBC Pro: Scotiabank says buy this Canadian dividend growth stock with a 5% yield
One of Canada’s large financial holding companies appears to be an attractive dividend investment opportunity, Scotiabank analysts say.
The investment bank believes the value of dividend growth is “not reflected” in the share price and is “undervalued” by the market.
The stock currently offers investors a 5% dividend yield.
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— Ganesh Rao
S&P 500 and Nasdaq hit record highs
this S&P 500 Index and Nasdaq Index Both hit new highs on Monday.
The broader benchmark gained 0.24% to close at 6,047.15 points. The Nasdaq rose 0.97% to close at 19,403.95 points. On the other hand, blue chip stocks Dow Jones Industrial Average It fell 128.65 points, or 0.29%, to close at 44,782.00 points.
—Lisa Kelley Han
European Markets: Here are the opening calls
European markets are expected to open higher on Tuesday.
British FTSE 100 The German stock index is expected to open 18 points higher at 8,322 German DAX Index France rose 15 points to 19,922 CAC Up 29 points to 7,245 points, Italy FTSE MIB It rose 43 points to 33,601, according to IG data.
Data released on Tuesday includes UK retail sales and Spanish unemployment data.
— Holly Elliot
