Goldman Sachs: These 2 Stocks Could Jump 85%

Goldman Sachs (NYSE: GS) says…

There are 2 stocks that could jump up to 85% in the year ahead.

But why wait an entire year when you could make 125% in just 24 days?

With the S&P 500 showing almost 17% year-to-date (YTD) gains…

Goldman Sachs Vice President Deep Mehta sees two paths to take advantage of the rally: growth and margin expansion.

Regarding the former, he says:

“We believe the recent outperformance of growth creates scarcity of high growth that is still reasonably valued and should drive investors preference for stocks that are poised to grow into their multiples.”

And regarding to margin expansion…

“We believe margins will remain in focus through 2023 and into 2024. While operating margins are expected to expand for our broader coverage through 2024E, the dynamics are likely to vary by company. As such, we expect companies that are able to deliver top-line growth alongside margin expansion as better positioned.”

So what are the two stocks Goldman Sachs’ analysts see jumping?

They are BioMarin Pharmaceutical (BMRN) and Vertex, Inc. (VERX).

The first one is a growth pick that could see 85% gains, according to one of Goldman Sachs’ 5-star analyst.

And the second one is one of Goldman’s margin picks with a 33% upside, based on another Goldman Sachs analyst.

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