Investors should lean toward owning stable stocks amid the increasingly volatile economic backdrop and hope for the best, fancies Goldman Sachs.
Goldman strategist Ben Snider said in a new note Tuesday that stable stocks — or ones that sport low share price and earnings growth volatility — are a must-own in this current moment. The strategist said the investment bank’s basket of stable growth stocks has outperformed the S&P 500 by five percentage points during the past six months as…
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