Why these are the worst stocks to own right now: Goldman Sachs

Not every sector of the market is a longer-term buy even with stocks continuing to be on autopilot, warn strategists at Goldman Sachs. 

Some of the worst stocks to own in a U.S. economy trying to claw back from the COVID-19 pandemic are those with high exposure to tight labor markets, which runs the risk of pressuring profit margins as wages are hiked.

“Labor market tightness will remain a challenge during the next few years. Investors should avoid stocks with high labor costs relative to…


Source link

About search

Check Also

The Fed's massive economic upgrade: Chart of the Week – Yahoo Finance

The Fed's massive economic upgrade: Chart of the Week – Yahoo Finance

[unable to retrieve full-text content]The Fed’s massive economic upgrade: Chart of the Week  Yahoo Finance Source …

Leave a Reply

Your email address will not be published. Required fields are marked *