Wells Fargo predicts that the Nasdaq 100's rebalance will negatively impact mega-cap stocks, but also identifies Starbucks and Booking as potential outperformers due to the index's weighting changes.
Goldman Sachs has identified potential outperforming stocks in the tech sector using its "Rule of 10" stock screen, which focuses on companies with realized and future sales growth greater than 10% for 2021 to 2025. Among the top names are Tesla, Salesforce, Enphase Energy, SolarEdge, and Palo Alto Networks. Additionally, Goldman presented a screener for stocks based on net income growth, with Baker Hughes, Match Group, Insulet, Aptiv, and Bookings Holdings among the top picks. The analysis highlights the importance of sustained sales growth for investors and the concentration of returns on a group of outperformers in the market.