GOLDMAN SACHS ON THE S&P500 EARNINGS TARGET AND SELLING ONE OF OUR FAVORED STOCKS DISCUSSED BELOW. Please find attached Goldman Sachs US Equity Strategist David Kostin’s US Weekly Kickstart. Highlights are below. HIGHLIGHTS: Our 1Q 2011 S&P 500 Beige Book highlights the continuing margin growth debate. The ability of S&P 500 companies to continue expanding margins remains the most…
The other day we posted Lange Financial Services comments on the Employment outlook for job growth along with other economic positives they see now and in the future. Today we see this article on CNBC which is right in line with LFS’s Bullish theme for the markets and the economy going forward. LFS’s outlook is now gaining traction, as you…
Just in this evening from Fred and Rob at Lange Financial Services. LANGE FINANCIAL SERVICES- UPDATE JANUARY 31, 2011 9:45PM Market prospects remain excellent despite some possible near term consolidation and some mid east political concerns. Statistically, the market remains historically cheap. Goldman Sachs [GS] restated its earnings forecast of $96 and $106 for 2011 and 2012 respectively for the…
Yesterday, I posted that Citigroup raised their earnings target for the S&P 500 to 94.50 in 2011, which we believe can translate to a gain in the S&P to at least 1500, or 25%. Today, you will see below that afterwards, Goldman Sachs raised their estimate to 94.00 for 2011, and 104.00 for 2012, above the 102.00 estimated by CITI…