The brand new quarter could possibly be an particularly robust one for sure shares like athletic retailer Nike , in keeping with Goldman Sachs. Tariff uncertainty underneath a second Trump administration has already shaken up markets this yr. This heightened trepidation has been exacerbated by renewed fears over cussed inflation and, subsequently, the Federal Reserve’s charge lower path in 2025. Regardless of this overwhelmingly risky backdrop, Goldman Sachs believes that some names will nonetheless come out on high. Earlier this week, the financial institution picked its high U.S. lengthy and brief concepts for the primary quarter of 2025, which included the next names: One recurring identify on Goldman’s checklist was Nike, which sells athletic footwear and clothes. Shares of Nike have already slipped greater than 5% in 2025, following a 30% plunge in 2024. Nonetheless, Goldman now believes that the corporate can flip issues round as demand recovers alongside profitability. The financial institution’s $91 value goal implies that shares might rise roughly 26% from their present degree. “Our bullish view on NKE is pushed by 1) product innovation to assist model momentum, 2) site visitors development restoration and three) potential margin enchancment as pricing is powerful,” Goldman wrote. Uber was a brand new addition to Goldman’s checklist of high concepts. The ridesharing app has surged about 9% already in 2025, regardless of a lackluster efficiency final yr that noticed shares finish 2% decrease. Nonetheless, Goldman Sachs known as this underperformance “unjustified” attributable to overdone autonomous automobile considerations. In the meantime, a well-positioned product portfolio and progress from on-demand groceries will function catalysts going ahead. Goldman’s $96 value goal corresponds to a roughly 45% upside for shares of Uber. Goldman additionally added Capital One to its high concepts basket. The financial institution has risen 1% thus far in 2025, including onto its 36% rally final yr. Nonetheless, Goldman’s value goal of $205 implies that shares might climb one more 13%. “Our bullish view on Capital One is pushed by 1) upcoming DFS deal closure, 2) credit score panorama enhancing and three) a wholesome shopper finance sector outlook in 2025,” the financial institution wrote. Final month, Capital One mentioned it anticipates its $35.3 billion aquisition of Uncover Monetary Companies to shut early this yr. Alternatively, vehicle producer Ford made its approach onto Goldman’s checklist of brief concepts. Nonetheless, Goldman’s $12 value goal is about 23% above Ford’s Tuesday closing value of $9.76. The financial institution cited structural electrical automobile challenges as a long-term impediment. Compounding this headwind are near-term pressures from coverage dangers. “The appointment of Elon Musk to DOGE represents threat of coverage steps to stop the EV value curve coming down (as a way to preserve TSLA management) which reduces Ford’s alternative to show round EV profitability,” Goldman warned. “Ford has beforehand recognized ~$7 bn in greater prices in comparison with its friends, pushed by areas together with guarantee, supplies, and labor. The gross sales desk lack confidence the corporate can slender this hole.” Shares of Ford have slipped 3% this yr. The inventory ended 2024 down 19%.
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