Goldman Adds Twelve Stocks to Rebranded `Sustain' Focus List
Goldman equity research rebrands its "GS Sustain Focus List" as the "GS Sustain 50," recommending fifty stocks to adapt to a more challenging quality environment.
- Sees need for increased emphasis on growth and return momentum to enhance outperformance
- Says previous list didn’t deliberately manage skews, "which resulted in significant unintended weightings at times, both at the region and sector level"
- 12 additions to the list: Albemarle, AmorePacific, Celanese, Cerner, Disco, Enterprise Product Partners, Equinix, Marriott, Murata Manufacturing, Nitori, Power Grid, Telekomunikasi Indonesia
- 13 removals: AIA Group, BHP Billiton, Bristol-Myers Squibb, Coloplast, Delphi Automotive, Dollar Tree Stores, InterContinental Hotels Group, Novo Nordisk, Novozymes, Richemont, Shire, Tiffany & Co., TSMC