Goldman Sachs: Value stocks to steal the show again this year under high interest rate expectations!

By    9 Jan,2023

Goldman Sachs strategists said value stocks will again outperform this year as interest rates remain high.


Goldman Sachs strategists led by Peter Oppenheimer said in a research report on Thursday, with large technology stocks profits under further pressure, commodity prices rise, real interest rates remain high, we think (value stocks outperform other stocks) the trend will continue.

After continuously underperforming growth stocks, value stocks with cheaper valuations will perform better than other stocks in 2022.

Peter Oppenheimer said the Fed hinted that interest rates may remain high until it sees signs of further cooling inflation, and the outlook for corporate earnings becomes important as stock valuations move further down.