A Western Digital office building is shown in Irvine, California, the United States, Jan. 24, 2017.
Mike Blake | Reuters
According to Goldman Sachs, the large market rally over the past year has now lifted stocks in almost every sector, and it may be time for investors to focus on finding individual winners to continue to expand. their wallets.
The company’s research analysts said in a note Wednesday that value investors in the current environment should take a closer look at individual companies’ financial results for gems.
“While the backdrop of higher rates, higher break-even inflation rates and a steeper yield curve has been supportive, given the run since mid-February and the temporary nature of value rebounds in recent years years, we anticipate that fundamentals can play an important role in the sustainability of another move higher, ”the note said.