Goldman Sachs says companies with accelerating sales growth will be few and far between next year, so the firm identified several growth names investors can snap up now.
"Companies that are able to sustain accelerating sales growth will likely be much harder to find in 2022 amidst tougher year-over-year comps and expectations of relatively slower economic growth, particularly in 2H22," Goldman's Deep Mehta said in a note Thursday.
Just a quarter of companies covered by Goldman are projected to see a year-over-year acceleration in revenue growth in 2022, according to the firm. That compares with 78% in 2021.
The slowdown in sales growth spans across sectors and is particularly acute for energy, materials and industrials, the firm said.
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Goldman Sachs says these kinds of stocks will be hard to come by next year so buy them now!
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