3 stocks Goldman Sachs recommends buying

We have crossed the halfway point of the year and the stock market is still breaking new records. With inflation falling for the first time in four years, the way is clear for a possible earlier-than-expected cut in interest rates, sparking investor interest. However, market leaders might not be the ones to see us through the first half of 2024. The rise of technology stocks could take a back seat.

An overview of the current market situation

The technology sector, which dominated the market, is now experiencing a weakening. The iShares Semiconductor ETF has seen a decline of nearly 9% since reaching a record high last week. Goldman Sachs expects the market to start moving away from technology stocks. Back in April, the investment bank warned that it was time to look elsewhere for investment opportunities. Although the sector has been resilient for months, now may be the time to follow analysts' advice.

Goldman Sachs investment tips

Goldman Sachs has picked three stocks it has assigned a …