Goldman Sachs believes in these two stocks
Goldman Sachs focused on two specific stocks that they believe could deliver interesting gains in the coming year. While the overall economic outlook remains uncertain, the performance of some companies is still strong.
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In this article, we look at two companies that Goldman Sachs analysts consider promising 👇
Albertsons Companies $ACI
The first company is Albertsons, one of America's largest grocery chains. With a market value of $12.1 billion and more than 2,300 stores, the company is one of the leaders in the U.S. grocery market. Albertsons also has significant manufacturing and distribution capabilities, making it a strong player in this sector. In its most recent fiscal quarter, sales reached $18.77 billion, a slight increase of 1.2% from the previous year, although it did not quite meet analysts' expectations.
The company is struggling with the impact of inflation on pricing, but its solid results and dividend increase point to stability. Goldman Sachs analyst Leah Jordan finds…