US EditionGoldman Sachs Flips Bullish on Ten Stocks – Bank Says These Companies Could Be China’s ‘Magnificent 7’ - The Daily Hodl
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Goldman Sachs Flips Bullish on Ten Stocks – Bank Says These Companies Could Be China’s ‘Magnificent 7’ - The Daily Hodl
Banking giant Goldman Sachs is reportedly turning bullish on ten China-based companies. Goldman Sachs says in a note to investors that the “Prominent 10” companies in China may be the country’s answer to the “Magnificent 7” companies in the US, reports Investopedia. Says Goldman Sachs’ analysts, “[The ten companies] embody the theme of AI/Tech development, self-sufficiency, ‘Going Global,’ services and new forms of consumption and China’s improv…
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