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Goldman Names 23 Defensive Stocks for Investors Worried About the AI Trade

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Goldman Names 23 Defensive Stocks for Investors Worried About the AI Trade

Goldman Sachs is steering investors worried about the artificial intelligence (AI) trade toward health care and consumer staples stocks. Goldman’s call comes less than a week after RBC Capital Markets cut tech to market weight. On October 14, RBC recommended health care in its place. Rising Rates Put the AI Earnings Engine Under Pressure Goldman’s The post Goldman Names 23 Defensive Stocks for Investors Worried About the AI Trade appeared first on BeInCrypto.

Key Takeaways

  1. Goldman Sachs is steering investors worried about the artificial intelligence (AI) trade toward health care and consumer staples stocks.
  2. Goldman’s call comes less than a week after RBC Capital Markets cut tech to market weight.
  3. On October 14, RBC recommended health care in its place.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.