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[Goldman Sachs: Market trend reversal will benefit consumer stocks that have lagged behind in the U.S. market] On October 19, Goldman Sachs strategists said that because low breadth increases the risk of trend reversal, previously lagging U.S. consumer stocks may contain investment opportunities. The team led by Ben Snider said that if the trend of momentum stocks reverses, it may happen that the leaders fall or the laggards catch up. Goldman Sachs recommends some defensive stocks to investors worried about continued deterioration in growth prospects, causing stock prices to "tick" downwards, including Tyson Foods and Kroger, which Goldman Sachs said have low stock price volatility and high free cash flow yields compared to peers.
Brokerage strategy 🕐 2026-10-19 15:32

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