- David Kostin, the chief US equity strategist at Goldman Sachs, says an elite handful of companies with high, steady profit margins will likely outperform the market in the months ahead.
- He says the combination of rising wages and high costs will keep profits under pressure for at least the rest of the year — and that comes after a year of already-weakened margins.
- The stocks on his list have posted much bigger margins in the last year and haven’t suffered a decline in margins at any time in the last two years.
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