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3 Goldman Portfolios That Are Crushing The Market

Goldman Sachs has assembled several baskets of stocks that are outperforming so far in 2019. Three of these baskets, High Revenue Growth, High Sharpe Ratio, and Dual Beta, all delivered total returns, dividends included, of 11% for the year-to-date (YTD) through Jan. 25, 2019, versus 6% for the S&P 500 Index (SPX).

U.S. stocks surged in the afternoon of Wednesday, Jan. 30 on the news that the Federal Reserve would hold its benchmark interest rate steady. “The case for raising rates has weakened somewhat,” said Fed Chairman Jerome Powell, as quoted by The Wall Street Journal. The impact should be positive for all three Goldman baskets.

The table below lists three representative stocks in each of these baskets. This is the first of two stories on Goldman’s baskets. The second will come on Thursday afternoon.

3 Winning Goldman Portfolios

(Total Return YTD, Representative Stocks)

  • High Revenue Growth: +11%; Align Technology Inc. (ALGN), SVB Financial Group (SIVB), Autodesk Inc. (ADSK)
  • High Sharpe Ratio: +11%; Conagra Brands Inc. (CAG), Humana Inc. (HUM), Assurant Inc. (AIZ)
  • Dual Beta: +11%; ABIOMED Inc. (ABMD), Fluor Corp. (FLR), Newfield Exploration Co. (NFX)

Significance For Investors

Looking Ahead

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