- Companies’ capital costs are rising
- That raises the bar for capital returns
- Lots of idea-generating content…
Earlier this month, Goldman Sachs’ equity research team put out a note highlighting 19 US-listed stocks that look both reasonably priced and well suited to the current economic moment.
It’s a broad, diverse list, unconstrained by sector or size. Fourteen sub-sectors are represented, including managed care, tobacco, agribusiness and luxury fashion, while there is space for both the world’s largest company by value, Apple (US:AAPL), and Sapiens International (US:SPNS), an insurance software provider whose $1.2bn (£1bn) market cap excludes it from the S&P 500.