There is life beyond those small-cap stocks you have been riding higher all year.
For instance, those tried and true large-cap stocks that have been swept into trade war fears lately. If recent earnings from large-cap sneaker giant Nike (NKE) - Get NIKE, Inc. (NKE) Report are any indication, big global companies will announce solid second quarters later this month thanks to lower tax rates and good sales growth. And if the market reaction to Nike's strong earnings report said anything (it was resoundingly positive), investors are prepared to put trade war concerns aside temporarily and wade back into large-cap companies that are executing well.
Goldman Sachs strategist David Kostin compiled a list of companies (below) from the bank's coverage that offer the most upside potential relative to their analysts' price target. The top names are a mix of large-cap companies that for the most part, are poised to benefit from lower tax rates and solid global demand for their products and services.
A caution flag should be raised on coffee king Starbucks based on its latest sales warning and new restructuring plan. The retirement of Starbucks Chief Financial Officer Scott Maw is also a cause for concern.
Top Names for Investors to Consider
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