Reported about 6 hours ago
Goldman Sachs' David Kostin indicates that US midcap stocks present a favorable investment opportunity due to their lower valuations compared to larger firms, despite similar growth potential. He asserts that this offers a better risk-reward equation. Kostin anticipates a broader equity rally beyond major tech stocks and projects that the S&P 500 could rise to 6,500 by year-end, driven primarily by earnings growth.
Source: YAHOO