For investors fearful of a full-blown trade war, here's Goldman Sachs' playbook to tackle the tough market.
as investors remain anxious about President Donald Trump's new tariff threat. In this choppy environment, investors should stick with dividend growers, companies with low labor costs and services sectors which are more domestically facing, according to David Kostin, Goldman Sachs chief U.S. equity strategist.
"We are thinking about some of the drivers of profit growth going forward, and we are looking at some of the communication services stocks," Kostin said Tuesday on CNBC's . "We like a combination of low labor cost sensitivity as a way of inoculating against rising labor inflation... The second would be dividend growers as a long-term strategy. That's idiosyncratically what I would focus on."
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