'soft landing,' effectively steering the economy clear of recession while maintaining inflation, companies like Tesla could benefit greatly.
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could benefit greatly — so much so, in fact, that one investment firm has chosen Tesla amongst a list of companies that could be well-poised if the Fed succeeds.Tesla is one of 46 companies to make a recent Goldman Sachs list of stocks that would benefit from Fed hopes for a soft landing, following recent interest rate hikes, according to. The list focuses on companies with over $5 billion in market capitalization in cyclical industry groups, with a few other stipulations for inclusion.
The Goldman Sachs list includes many capital goods and diversified financial stocks, all with a median market cap of $10 billion. One fellow diversified tech stock included on the list was fellow tech stock AMD, alongside other noteworthy stocks such as Capital One Financial, 3M, Parker Hannifin, and several others.
“However, fourth-quarter deliveries still grew 31 percent year over year, which we view as a sign that demand is still present, and the company can still grow,” Goldstein wrote in a commentary.
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