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Goldman Sachs: Buy These 5 Stocks Now
5 Sep
Summary
- Goldman Sachs highlights Alibaba, Burlington, Ulta Beauty, Aecom, and Viking.
- Analysts recommend buying dips in Ulta Beauty and Burlington Stores.
- Viking Holdings and Aecom stocks are also flagged as compelling buys.
Goldman Sachs analysts are touting a select group of stocks as compelling buys, advising investors to seize opportunities presented by recent price dips. The investment bank has identified Alibaba Group, Burlington Stores, Ulta Beauty, Aecom, and Viking Holdings as companies with significant upside potential.
For Ulta Beauty, analysts believe the stock has been unfairly penalized and is poised to gain market share despite a competitive beauty landscape. Similarly, Burlington Stores is recommended for purchase amidst weakness, with expectations for ongoing earnings growth fueled by strong operational execution and new store productivity.
Luxury cruise operator Viking Holdings is also on the list, with analysts noting its differentiated geographic exposure and higher-income demographic as key strengths that can offset industry headwinds. Engineering and design firm Aecom is highlighted, with concerns about AI disruption and legacy projects believed to be overblown, suggesting its current multiple is attractive.