With several Covid-19 vaccines in Phase 3 trials, Goldman Sachs is preparing its clients for a rebound in certain stocks.
A view of Mickey Mouse at the Walt Disney World theme park entrance on July 9, 2020 in Lake Buena Vista, Florida.
(This story is only for CNBC Pro subscribers)
With several Covid-19 vaccines in Phase 3 trials and preliminary data due as soon as later this month, Goldman Sachs is preparing its clients for a rebound in certain stocks and recommending tweaks to client portfolios.
It grouped a list of several U.S. equities into four buckets.
The first bucket includes stocks that have sold off in 2020 but should bounce back as people “‘return to normal.'” The second bucket is comprised of equities that appear to have…
Read full article