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Goldman Sachs Cuts Earnings Growth Outlook, Sees Investors Move From 'Excitement' To 'Boredom'
Thursday, March 6, 2025 - 5:04am | 655David Kostin, the Chief U.S. Equity Strategist of Goldman Sachs, has revised his earnings growth forecast, citing a weaker economic outlook, and highlighted a shift in market trends. What Happened: On CNBC’s ‘Squawk on the Street’, Kostin discussed his revised earnings growth...
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Monster Beverages: An Attractive Name In One Of 2016's Best Performing Sectors
Friday, August 5, 2016 - 11:49am | 236Consumer staples has been a hot sector throughout 2016. One of the hottest stocks in the sector, Monster Beverage Corporation (NASDAQ: MNST), hit a new 52-week high of $166.50 on Friday and is higher by more than 30 percent over the past six months. Amit Sharma of BMO Capital Markets commented...
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Are Consumer Staples Stocks Running Out Of Steam?
Sunday, May 3, 2015 - 3:51pm | 511A new report by Morgan Stanley focuses on the valuation of consumer staples stocks around the globe. According to the report, consumer staples stocks are currently trading at a hefty premium to historical valuations. The Numbers Global consumer staples stocks are currently trading at a next...