Goldman's Brand New Forecast For The Market

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		Tech Media Wall Street Markets Strategy Sports Tools Travel Politics Latest Video Thursday, April 14, 2011 Goldman's Brand New Forecast For The Market S&P 1500. That's Goldman's brand new end-of-year forecast for the market, representing a 13.9% increased from where things stand right now. Says strategist David Kostin: We expect sales to grow, margins to rise, earnings to establish a new high of $96 per share, and return on equity (ROE) to surpass 17% in 2011, driving the S&P 500 towards our year-end target of 1500, or 14% above the current level. Oil prices and interest rates represent key risks to our view. Energy and Information Technology remain our preferred sectors. We move closer to a benchmark position by reducing Financials to neutral from overweight and narrowing the size of our Health Care underweight. Cyclicals over defensives, BRICs sales, and ROE strategies should outperform. Read » Also On Clusterstock Today: The Most Brutal Wall Street Crimes in "Law & Order" History Jeff Gundlach Explains Why Bill Gross Is Dead Wrong On Bonds Emails Show A Ratings Agency "Screwed With Criteria" To Rate AAA And "Get The Deal" From Intimidating Bankers A Deustche Bank Trader Wrote A Song About The Crappy CDO Business To A Tune By Vanilla Ice Advertisement CHART OF THE DAY: Uh-Oh, The Ultimate Sign Of The Credit Bubble Is Surging Back CHART OF THE DAY: The Most Obvious Way The West Is Doomed CHART OF THE DAY: Why Everyone's Freaking Out About The End Of QEII Share this email: Buzz Facebook Twitter Digg Reddit StumbleUpon The email address for your subscription is: dwyld.kwu.careers@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Clusterstock RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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