Even though Goldman Sachs doesn't think the market has a lot of room to grow, it does think certain stocks can climb.
David Kostin and his team at Goldman have assembled a list of stocks with the most upside in his new chartbook for the first quarter. These are stocks whose current prices are incredibly low compared to Goldman Sachs' analysts' price targets.
The list includes huge names like Apple and Ford, along with companies from the much-maligned energy sector.
This is the list of the top nine stocks, all with upsides to Goldman's target above 44%.
Check them out below:
1. Kinder Morgan (KMI)
Industry: Energy, Oil and Gas Transportation Services
Recent Price: $14.92
Upside to Goldman Price Target: 54.2%
2. Ryder Systems (R)
Industry: Industrials, Ground Freight and Logistics
Recent Price: $56.83
Upside to Goldman Price Target: 51.3%
3. Marathon Oil (MRO)
Industry: Energy, Oil and Gas Exploration
Recent Price: $12.59
Upside to Goldman Price Target: 50.9%
4. United Continental (UAL)
Industry: Industrials, Airlines
Recent Price: $57.30
Upside to Goldman Price Target: 50.1%
5. Harley-Davidson (HOG)
Industry: Cyclical Consumer Goods and Services, Motorcycles and Scooters
Recent Price: $45.39
Upside to Goldman Price Target: 49.8%
6. Ford (F)
Ticker: F
Industry: Cyclical Consumer Goods and Services, Auto and Truck Manufacturers
Recent Price: $14.09
Upside to Goldman Price Target: 49%
7. Apple (AAPL)
Industry: Technology, Computer Hardware
Recent Price: $105.26
Upside to Goldman Price Target: 47.3%
8. WestRock (WRK)
Industry: Basic Materials, Paper Packaging
Recent Price: $45.62
Upside to Goldman Price Target: 46.9%
9. NRG Energy NRG
Industry: Energy, Electric Utilities
Recent Price: $11.77
Upside to Goldman Price Target: 44.4%
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