tl;dr
The Goldman Sachs equity team has identified consumer and tech sectors as providing the best opportunities for stock picking, citing the concept of dispersion as a key factor. Dispersion, which examines the potential range of returns for a group of stocks, is currently high, creating a favorable env...
The Goldman Sachs equity team has identified consumer and tech sectors as providing the best opportunities for stock picking, citing the concept of dispersion as a key factor. Dispersion, which examines the potential range of returns for a group of stocks, is currently high, creating a favorable environment for stock picking opportunities. This is reflected in the healthy returns of large-cap mutual funds and hedge funds, which have outperformed their benchmarks. The analysis also highlights the top 25 stocks with the highest dispersion score, offering the most attractive combination of micro-driven returns and firm-specific risk, with stocks in the Consumer Discretionary and Information Technology sectors showing the best potential for stock picking opportunities.
More about Apple Inc
Apple Inc. is the world's largest technology company by revenue, totaling $274.5 billion in 2020. As of January 2021, it is also the world's most valuable company. It is the world's fourth-largest PC vendor by unit sales and the fourth-largest smartphone manufacturer. With a market cap of $2.64 trillion, Apple continues to dominate the tech industry. The stock has shown a steady increase, with a current price of $201.41. The RSI stands at 26.51, indicating a slightly oversold condition, and the stock has shown a 6.44% increase in the past month. However, the stock is currently trading close to its resistance level, and there is a potential for a pullback. The overall market sentiment is bullish, but there are uncertainties regarding the impact of global supply chain issues and potential regulatory changes that could affect future performance.
More about Amazon.com Inc
Amazon.com Inc is a dominant player in the e-commerce, cloud computing, and digital streaming sectors, making it a significant force in the retail-catalog and mail-order industry. With a market capitalization of $1,821,430,645,000 and a stock price of $3,570.71, the company has seen a steady rise in its stock performance, with a 52-week high of $3,773.08 and a 52-week low of $2,881.00. The Relative Strength Index (RSI) of 55.78 indicates a neutral sentiment, while the company's price-to-earnings ratio (P/E) of 206.2 suggests a high valuation. Amazon's strong brand presence and innovative technology offerings have contributed to its bullish trend, although potential risks and uncertainties in the market should be considered, given the company's influence on both economic and cultural spheres.
More about Alphabet Inc Class C
Alphabet Inc Class C is a leading multinational conglomerate in the technology sector, with a strong presence in computer programming, data processing, and related services. With a market capitalization of $1.688 trillion, the company's stock has shown a steady performance, currently trading at $23.46 with a 5.81% change. The stock's performance is indicative of a bullish trend, supported by a Relative Strength Index (RSI) of 24.34, suggesting a potential buying opportunity. However, it is important to note that past performance is not always indicative of future results, and there may be uncertainties or risks associated with the stock's performance. Overall, Alphabet Inc Class C remains a valuable and influential player in the technology industry, with potential for continued growth and market sentiment leaning towards a positive outlook.
More about Meta Platforms Inc.
Meta Platforms Inc. (formerly Facebook) is a technology company that develops products for people to connect and share through various devices. The stock is currently trading at $504.54 with a market capitalization of $1,289,874,047,000. The stock has a 52-week range of $314.88 to $652.41 and a current P/E ratio of 34.0. The company's technical indicators show a Relative Strength Index (RSI) of 52.41, indicating a neutral sentiment. The stock has experienced a bullish trend in the past year, but there are potential risks and uncertainties associated with future performance due to market volatility and regulatory concerns in the tech industry.
More about Microsoft Corporation
Microsoft Corporation is a leading American multinational technology company with a market cap of $3.02 trillion. The stock currently trades at $456.81 per share, with a 52-week range of $301.83 - $456.81. The stock has shown a 1-year return of 36.76% and a 5-year return of 227.58%. The company's P/E ratio is 30.61, with a dividend yield of 0.176%. Microsoft is a major player in the information technology industry, known for its software products like Microsoft Windows and Office suite, as well as hardware products like Xbox and Surface lineup. The market sentiment towards Microsoft is generally bullish, with the company being considered one of the Big Five in the U.S. tech industry. However, potential risks and uncertainties should be considered, as past performance is not always indicative of future results.
More about NVIDIA Corporation
NVIDIA Corporation is a leading American multinational technology company in the semiconductor industry, specializing in the design of graphics processing units (GPUs) and system on a chip units (SoCs) for various markets. With a market capitalization of $218.82 billion and a stock price of $855.75, NVIDIA has shown strong financial performance. The company's price-to-earnings ratio of 73.55 and earnings per share of 11.9 indicate a healthy valuation. Additionally, the company's revenue of $60.92 billion and a profit margin of 24.68% demonstrate a robust financial position. The stock has shown a bullish trend, supported by a Relative Strength Index (RSI) of 0.488, and is currently trading above its 200-day moving average, indicating positive market sentiment. However, it is important to note that semiconductor stocks can be volatile, and market conditions can change rapidly. Therefore, investors should consider potential risks and uncertainties before making investment decisions.
More about Tesla Inc
Key Financial Metrics:
- Market Cap: 558,421,049,000
- EPS: 40.78
- Dividend: None
- P/E Ratio: 4.3
- ROE: 30.49
- Debt-to-Equity: 0.155
- Revenue: 96,772,997,000
- Net Income: 205.55
- Operating Margin: 1.115
- Profit Margin: 0.035
Stock Performance:
- Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California.
- Tesla had the highest sales in the plug-in and battery electric passenger car segments, capturing 16% of the plug-in market and 23% of the battery-electric market in 2020.
- Tesla Energy, the company's subsidiary, is a major installer of solar photovoltaic energy generation systems in the United States and one of the largest global suppliers of battery energy storage systems.
- Tesla Energy supplied 3 GWh of battery storage in 2020.
Market Sentiment:
- Tesla's market sentiment is positive due to its strong performance in the electric vehicle and clean energy sectors.
- The company's innovative products and services position it as a leader in the industry.
- However, potential risks and uncertainties may arise from competition, market volatility, and regulatory changes in the clean energy sector.
More about Monster Beverage Corp
Monster Beverage Corp is a manufacturer of energy drinks and carbonated waters with a market cap of $61.98 billion. The stock is currently trading at $64.32, up 6.83% over the past year, indicating a bullish trend. The Relative Strength Index (RSI) of 64.32 suggests that the stock may be overbought, and investors should be cautious of a potential correction. The stock has shown resistance at the $64.32 level, and if it breaks out above this level, it could indicate further upside potential. However, there is also a support level at $38.43, and if the stock breaks below this level, it could signal a bearish trend. Overall, while the stock has performed well in the past year, there are potential risks associated with its current valuation and market sentiment.
More about DexCom Inc
DexCom Inc is a company in the life sciences industry, specifically in the surgical & medical instruments & apparatus sector. The stock is currently trading at $104.04 with a market capitalization of $36.22 billion. The stock has shown a 52-week change of 9.38% and has a price-to-earnings ratio of 148.38. The company has a beta of 1.3, indicating it is more volatile than the overall market. Market sentiment towards DexCom Inc appears to be positive, with the stock showing bullish trends. However, given the nature of the healthcare industry and the potential regulatory changes, there are uncertainties and risks associated with the stock's performance.
More about Akamai Technologies Inc
Akamai Technologies Inc is a global content delivery network (CDN), cybersecurity, and cloud service company, providing web and Internet security services. With a market capitalization of $16.82 billion, the stock is currently trading at $129.25 per share. The stock has a beta of 0.257, indicating that it is less volatile than the overall market. Akamai Technologies Inc has a P/E ratio of 31.53, which suggests that investors are willing to pay more for the company's earnings. The company's revenue stands at $3.81 billion, with a net income of $381.92 million. The stock has shown a 25% increase over the past year, indicating a bullish trend. However, it is important to note that past performance is not always indicative of future results, and there may be potential risks and uncertainties associated with investing in Akamai Technologies Inc.
More about Centene Corp
Centene Corporation is a large publicly traded company and a multi-line managed care enterprise that serves as a major intermediary for both government-sponsored and privately insured health care programs. It is a healthcare insurer that focuses on managed care for uninsured, underinsured, and low-income individuals. The company's market cap is $41.79 billion, with a stock price of $15.79. The stock has a low beta of 0.0191, indicating low volatility. Centene Corporation has a strong revenue of $141.27 billion and a high net income margin of 90.4%. However, the stock is currently trading at a negative price change of -0.316, indicating a bearish trend. Investors should be cautious of potential risks and uncertainties in the market sentiment.
More about Align Technology Inc
Align Technology Inc is a manufacturer of 3D digital scanners and the Invisalign clear aligners used in orthodontics. It is headquartered in San Jose, California. The company's market capitalization stands at $23,469,279,000, with a stock price of $53.69 and a 52-week range of $50.54 to $306.50. The company has a P/E ratio of 5.82 and a dividend yield of 0.115. Market sentiment towards Align Technology Inc appears to be positive, with a bullish trend in the stock price and potential for growth. However, it is important to note that past performance is not always indicative of future results, and there may be potential risks and uncertainties associated with investing in this stock.
More about Intuitive Surgical Inc
Intuitive Surgical Inc. is a company in the life sciences industry, specifically focusing on orthopedic, prosthetic, and surgical appliances and supplies. With a market capitalization of $138.06 billion, the company's stock performance has shown a 5.02% increase in the last month and a 20.29% increase in the last year. The stock's beta of 0.252 indicates a lower volatility compared to the overall market. Intuitive Surgical Inc. has a relative strength index (RSI) of 410.8, suggesting the stock may be overbought. The company's price-to-earnings (P/E) ratio of 0.857 indicates that the stock may be undervalued. Market sentiment appears to be positive, with a current ratio of 0.165, indicating a healthy level of liquidity. It's important to note that past performance is not indicative of future results, and potential risks or uncertainties should be carefully considered before making any investment decisions.
More about Illumina Inc
Illumina Inc. is an American company that develops, manufactures, and markets integrated systems for the analysis of genetic variation and biological function. The company provides products and services that serve the sequencing, genotyping, gene expression, and proteomics markets. With headquarters in San Diego, California, Illumina operates within the life sciences and laboratory analytical instruments sector. The stock performance shows a -7.34% change in the last period, with a 28.51% increase in the Relative Strength Index (RSI). The market sentiment is currently bearish with a -0.258 change in Bollinger Bands, indicating potential downward pressure. The stock's market cap stands at $45.04 billion, with a price of $154.86 per share. It's important to note that past market behavior is not always a reliable indicator of future performance, and there may be potential risks or uncertainties associated with this analysis.
More about Axon Enterprise Inc.
Axon Enterprise, Inc. is a manufacturer of conducted energy weapons (DEC) under the TASER brand name, with a market capitalization of $23.55 billion and a stock price of $135.41. The company has experienced a 2.31% increase in stock price over the past month and a 21.07% increase over the past year. With a Relative Strength Index (RSI) of 56.33, the stock is currently neither oversold nor overbought. The stock has a positive price momentum with a 0.866 beta, indicating it is more volatile than the market average. However, it is important to note that past performance is not always indicative of future results, and investors should consider potential risks and uncertainties before making investment decisions.
More about Intercontinental Exchange Inc
Intercontinental Exchange Inc (ICE) is a Fortune 500 company in the financial and commodity market industry with a market capitalization of $79.4 billion. The stock is currently trading at $152.31 with a 1-year change of 33.09%. ICE has a Price/Earnings ratio of 14.16 and a Price/Sales ratio of 4.19, indicating strong growth potential. The Relative Strength Index (RSI) of 0.296 suggests that the stock is currently in oversold territory, indicating a potential buying opportunity. However, the stock has recently experienced a downward trend with a negative momentum of -0.147, indicating potential bearish sentiment in the market. It is important to note that past performance is not always indicative of future results, and investors should consider potential risks and uncertainties before making any investment decisions.
More about Regeneron Pharmaceuticals Inc
Regeneron Pharmaceuticals Inc is a biotechnology company with a market cap of $106.34 billion. The stock has a current price of $122.94 and has shown a 0.301% change. The company has a total revenue of $13.117 billion and a net income of $1.023 billion. The stock performance has been relatively stable with a minimal decrease of 0.029%. Market sentiment towards Regeneron Pharmaceuticals Inc appears to be neutral, with no clear bullish or bearish trends evident. However, potential risks and uncertainties should be considered, as past performance may not indicate future performance.
More about Monolithic Power Systems Inc
Monolithic Power Systems Inc (MPS) is a publicly traded company in the semiconductor industry, with a market capitalization of $35.63 billion. The stock is currently trading at $774.40, with a 52-week range of $38.25 to $83.40. The stock has shown a 4% increase in the past year, with a current price-to-earnings (P/E) ratio of 8.78. Market sentiment towards MPS is slightly bearish, with a negative earnings per share (EPS) of -0.191 and a negative return on equity (ROE) of -0.013. The company's focus on providing power circuits for cloud computing, telecom infrastructures, automotive, and industrial applications presents potential growth opportunities, but investors should be cautious given the negative financial metrics and the overall bearish sentiment in the market.
More about Vertex Pharmaceuticals Inc
Vertex Pharmaceuticals Inc is a biopharmaceutical company with a market capitalization of $106.83 billion. Its stock is currently trading at $465.5 with a 52-week range of $291.75 to $613. The company's beta is 0.367, indicating low volatility compared to the overall market. The Relative Strength Index (RSI) is currently at 38.3, suggesting the stock is approaching oversold conditions. The company's revenue is $9.86 billion, with a net profit margin of 18.1%. The stock has shown a bullish trend in the past year, but recent performance indicates a potential reversal. The market sentiment is uncertain, with potential risks associated with the stock's recent performance and technical indicators. It is important to note that past market behavior is not always a reliable indicator of future performance.
More about Incyte Corporation
Incyte Corporation is a commercial physical and biological research company with a market capitalization of $13.48 billion. The stock is currently trading at $22.65 per share with a 52-week range of $16.53 to $75.53. The stock has shown a 16.2% return on equity and has a price-to-earnings ratio of 6.32. Despite the positive return on equity, the stock has experienced a significant decline from its 52-week high, indicating potential bearish sentiment in the market. Investors should be cautious and consider the potential risks associated with investing in Incyte Corporation, as past performance is not always indicative of future results.
More about Nasdaq Inc
Nasdaq Inc is a multinational financial services corporation that owns and operates stock exchanges in the United States and Europe, with a market cap of $34.52 billion. The stock is currently trading at $28.85, with a 0.86% increase. The Relative Strength Index (RSI) is at 62.36, indicating a slightly overbought condition. The stock has shown a bullish trend with a 2.08% increase in the past month. However, there is a potential resistance level at $30.00, which may lead to a breakout or a reversal. With uncertainties in the market sentiment, it is important to consider the potential risks associated with the current market conditions.
More about Netflix Inc
Netflix Inc is a leading American over-the-top content platform and production company with a market capitalization of $261.74 billion. The stock is currently trading at $582.09 and has a 52-week range of $337.23 to $76.37, with a current P/E ratio of 50.23. The company operates in the services-video tape rental sector and has shown a 16.25% return over the past year. Despite the strong stock performance, market sentiment towards Netflix is relatively neutral, with a beta of 0.125 indicating lower volatility compared to the overall market. While the company's streaming service continues to attract subscribers, there are potential risks associated with increasing competition in the streaming space, which could impact future performance.
More about Take-Two Interactive Software Inc
Take-Two Interactive Software, Inc. is a leading player in the technology sector, specializing in pre-packaged software services. With a market capitalization of $24.52 billion, the company has shown resilience despite recent market volatility. The stock has experienced a modest decline of 8.71% over the past year, but has recently shown signs of recovery with a 31.85% increase in the last quarter. The Relative Strength Index (RSI) is currently at -0.269, indicating a neutral sentiment, while the Bollinger Bands suggest a potential breakout. However, it is important to note that past performance is not always indicative of future results, and potential risks and uncertainties should be carefully considered.
More about Builders FirstSource Inc
Builders FirstSource Inc. is a company in the retail-lumber and other building materials dealers industry, with a market capitalization of $24.37 billion. The stock is currently trading at $16.75, with a 52-week low of $11.93 and a high of $133.81. The stock has a beta of 0.0901, indicating low volatility compared to the overall market. The company's market sentiment is currently negative, with a relative strength index (RSI) of 213.84, well above the overbought threshold of 70, suggesting the stock may be overvalued. The stock's moving average indicators show a bullish trend, with the stock trading above its 50-day and 200-day moving averages. However, it's important to note that past performance is not always indicative of future results, and there are potential risks associated with investing in this stock, given the negative market sentiment and high volatility.
More about United Airlines Holdings Inc
United Airlines Holdings Inc (UAH) is a publicly traded airline holding company headquartered in Chicago. As of the most recent financial data, UAH has a market capitalization of approximately $53.7 billion and a stock price of $63.96. The company's revenue for the most recent period is $14.2 billion, with a net income margin of 5.43%. The stock has shown a 7.98% return over the past year, and has a price-to-earnings ratio of 163.87. The market sentiment towards UAH appears to be slightly bullish, with a relative strength index (RSI) of 0.0487, indicating potential overbought conditions. However, the stock is currently trading below its 200-day moving average, suggesting a possible bearish trend. It's important to note that past performance is not always indicative of future results, and there are potential risks and uncertainties associated with investing in UAH.
More about Las Vegas Sands Corp
Las Vegas Sands Corporation is a company in the real estate and construction industry, specifically in hotels and motels. With a market capitalization of $38,819,017,000, the stock is currently trading at $32.19 with a 0.6% increase. The company has a price-to-earnings ratio of 13.59 and a dividend yield of 0.118. The total revenue is reported at $10,372,000,000 with a net income of $63.75. The stock performance indicates a negative sentiment with a decrease of 0.943. The market sentiment is slightly positive with a sentiment score of 1.61.
More about Old Dominion Freight Line Inc
Old Dominion Freight Line, Inc. is a significant player in the American less than truckload shipping (LTL) industry, offering a wide range of LTL services across regional, inter-regional, and national markets. The company also provides logistics services, including ground and air expedited transportation, supply chain consulting, transportation management, truckload brokerage, container delivery, warehousing, and household moving services. With a market capitalization of approximately $46.6 billion, the stock is currently trading at $407.33 per share, with a 1-year price change of 53.61%. The stock has shown a relatively low volatility, with a beta of 0.211, indicating a lower risk compared to the overall market. The company's financials indicate a healthy balance sheet, with total revenue of $5.87 billion and a profit margin of 11.27%. While the stock has performed well in the past year, potential risks and uncertainties in the transportation industry could impact future performance. It's important to monitor key technical indicators, such as moving averages and relative strength index, to gauge market sentiment and potential support and resistance levels.
More about Advanced Micro Devices Inc
Advanced Micro Devices Inc (AMD) is a leading American semiconductor company specializing in computer processors and related technologies. With a market capitalization of $335.1 billion and a stock price of $384.06, AMD has shown strong growth and stability in the market. The company's financial performance has been impressive, with a net income margin of 14.05% and a return on equity of 48.69%. AMD's stock has experienced a bullish trend, indicating positive market sentiment towards the company. However, it is important to note the potential risks associated with investing in the semiconductor industry, as market conditions can be volatile and unpredictable. Past performance is not indicative of future results, and investors should carefully consider all factors before making investment decisions.
More about Garmin Ltd
Garmin Ltd. is a multinational technology company with a focus on manufacturing, search, detection, navigation, guidance, and aeronautical systems. The company has reported a revenue of $27.22 billion, with a stock price of $126.53. The stock has shown a 6.71% increase in the last quarter, which indicates positive performance. However, the Relative Strength Index (RSI) of 27.32 suggests that the stock may be oversold. The market sentiment appears bullish, but potential risks and uncertainties should be considered, given the volatility in the market.
More about Hologic Inc
Hologic Inc is a medical technology company primarily focused on women's health, with a market cap of $18.08 billion. The stock is currently trading at $36.52 with a 52-week range of $32.64-$55.25. The company has a P/E ratio of 16.23 and a dividend yield of 2.11%. The market sentiment towards the stock is currently neutral, with a Relative Strength Index (RSI) of 84.5, indicating overbought conditions. The stock is currently trading slightly above its 50-day moving average, suggesting a bullish trend. However, there is a potential resistance level at $40, which may limit further upside. Investors should be cautious of potential downside risks, as the stock has a negative Bollinger Bands indicator of -0.057, indicating increased volatility and uncertainty in the market.
More about Western Digital Corporation
Western Digital Corporation (WDC) is a leading American computer hard disk drive manufacturer and data storage company, with a focus on data technology products, including storage devices, data center systems, and cloud storage services. The company's market capitalization stands at $20,529,181,000, with a current stock price of $69.72. The stock has experienced a 7.26% decrease in value, indicating a bearish trend. The company's financial data shows a net income of $11,257,000,000, with a negative growth rate of -0.202%. While Western Digital Corporation operates in a competitive and dynamic market, its performance reflects uncertainty and potential risks, requiring careful consideration for future investment decisions.
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