Discover the diverse group of stocks that have strong profitability and attractive valuations
- Goldman Sachs produces a list of global stocks that exclude technology stocks
- These stocks have strong profitability, low historical volatility, and strong balance sheets
- The stocks on the list have attractive valuations and are trading at their cheapest levels since 2016
- The list includes more than 80 companies, including Eli Lilly, Novo Nordisk, and LVMH Moet Hennessy
U.S. stocks have dominated the international-markets landscape for more than 50 years, but investors are now considering bargain-hunting abroad. Goldman Sachs has produced a list of global stocks, excluding technology stocks, that offer compelling opportunities. These stocks have strong profitability, low historical volatility, and strong balance sheets. They are also trading at their cheapest levels since 2016 and at their lowest premium relative to the global stock market since 2018. The list includes more than 80 companies, including Eli Lilly, Novo Nordisk, and LVMH Moet Hennessy.
Factuality Level: 3
Factuality Justification: The article provides information about the dominance of U.S. stocks in international markets and the potential benefits of diversifying into foreign stocks. It includes insights from Goldman Sachs strategists and a list of recommended ‘ex-tech compounders.’ However, the article lacks depth and context, and it contains promotional language for Goldman Sachs. It also presents a biased view towards diversifying into foreign stocks without discussing potential risks or downsides. Overall, the article lacks in-depth analysis and critical evaluation, making it closer to a rating of 3 in terms of factuality.
Noise Level: 3
Noise Justification: The article provides relevant information about the dominance of U.S. stocks in international markets, the potential benefits of diversifying into foreign stocks, and specific recommendations from Goldman Sachs. It stays on topic and supports its claims with examples and data. However, there are some repetitive statements and unnecessary details that could be considered noise.
Financial Relevance: Yes
Financial Markets Impacted: The article discusses the potential for investors to consider diversifying their portfolios by adding exposure to foreign stocks. It mentions that global equity markets tend to rise and fall together, but there are compelling opportunities to be found outside of the US.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article primarily focuses on investment strategies and does not mention any extreme events or their impacts.
Public Companies: Eli Lilly (LLY), Novo Nordisk (NOVO.B), LVMH Moet Hennessy (MC)
Key People: Peter Oppenheimer (Chief Global Equity Strategist at Goldman Sachs Group)
Reported publicly:
www.marketwatch.com 
