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Investing.com-The stock market’s decline accelerated on Monday in September, and many investors are looking for safer stocks.
One thing that appears in an economic downturn is the fundamentals, that is, the ability to overcome difficulties without having to raise more liquidity and dilute investors.
Goldman Sachs (NYSE:) provides investors who want to avoid the worst-case scenario with a list of stocks that are still actively growing despite the decline in the stock market.
According to Altman Z’s best, the balance sheets of these stocks are very strong, which is a calculation method used to estimate the risk of bankruptcy.
- Nvidia The graphics card manufacturer (NASDAQ:) was recommended by 35 analysts to buy, 4 neutrals and 2 to sell. The stock’s average target is US$224.52, while the current target price is US$207.00, in the range of US$110.00 to US$275.00. Investing.com’s stock technical summary shows “Strong Sell” in daily data and “Strong Buy” in weekly data.
- Edwards Life Sciences Corporation (NYSE:) is a medical device manufacturer. 15 analysts recommend buying, 10 neutrals recommend buying, and 1 recommend selling. The average target for this title is US$119.36, while the current US$116.89 range is between US$71 and US$135. The Investing.com technical summary for the stock shows “Neutral” in daily data and “Strong Buy” in weekly data.
- Adobe (NASDAQ:), the famous producer of Photoshp, was recommended to buy by 21 analysts, opposed to 5 neutrals, and no one sold. The stock’s average target price is 666.48 US dollars, while the current target price is 635.29 US dollars, ranging from 550.00 US dollars to 750.00 US dollars. The Investing.com technical summary of the stock issued a “strong sell” signal in daily data and a “strong buy” signal in weekly data.
- Costco Wholesale (NASDAQ:), the retailer, recommends that 23 analysts buy, and 10 neutrals and one sell. The average target for this title is US$439.39, while it is currently US$448.67, ranging from US$164.72 to US$525.00. Investing.com’s stock technical summary shows “sell” in daily data and “strong buy” in weekly data.
- Facebook (NASDAQ:), a social media giant, was recommended by 44 analysts to buy, 6 neutrals and 2 to sell. The stock’s average target price is US$411.11, while the current target price is US$351.08, in the range of US$147.00 to US$500.00. The Investing.com technical summary for the stock shows “Strong Selling” in daily data and “Neutral” in weekly data.
- Serve immediately (NYSE:) is a cloud platform manager, recommended by 28 analysts to buy, and 4 neutrals recommended to buy, no one sold. The stock’s average target price is US$663.03, while the current target price is US$642.71, in the range of US$466.80 to US$805.00. Investing.com’s stock technical summary shows “buy” in daily data and “strong buy” in weekly data.
- Chipotle (New York Stock Exchange:). In the food service industry, 20 analysts recommend buying, while 12 neutrals recommend buying, and no one recommends selling. The average target for this title is US$1,906.50, while the current range is US$1,866.87 between US$1,575.00 and US$2,600.00. Investing.com’s stock technical summary shows “sell” in daily data and “strong buy” in weekly data.
- Old Dominion Freight Line (NASDAQ:), the expressway carrier, it is recommended to buy by 8 analysts, while 9 neutrals recommend to buy, and the other is to sell. The stock’s average target price is US$276.30, while the current target price is US$289.86, in the range of US$250.00 to US$310.00. The Investing.com technical summary for the stock shows “Neutral” in daily data and “Strong Buy” in weekly data.
- The Home Depot (NYSE:) is a retailer and recommends 26 analysts to buy, and 9 neutrals and 1 to sell. The average target for this title is US$338.89, while the current range is US$329.05 between US$140.81 and US$411.00. Investing.com’s stock technical summary shows “buy” in daily data and “strong buy” in weekly data.
- fastener (NASDAQ:), an agricultural machinery manufacturer, recommends buying by 3 analysts, while 10 neutrals recommend buying and 3 recommending selling. The average target for this title is US$53.33, while the current US$52.45 range is between US$48.00 and US$65.00. The Investing.com technical summary for the stock shows “Strong Selling” in daily data and “Neutral” in weekly data.
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