Goldman Sachs says these 15 stocks are poised to explode higher as the economy thrives, based on an exclusive metric it developed
Goldman Sachs says it's found a way to target the S&P 500 stocks that will benefit the most from continued and sustained economic growth.
To find those promising companies, Goldman created a measurement called the growth investment ratio, which compares each company's capital and R&D spending to its cash from operations.Everyone talks about investing for the long term, but how can that be measured? Which companies stand apart from the rest in planning for the future?
"We calculate a firm's growth investment ratio as its total capital expenditures less depreciation , plus R&D as a share of its cash flow from operations," wrote David Kostin, the firm's chief US equity strategist.
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