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Goldman Sachs: These 2 “Strong Buy” Stocks Could Surge at Least 30%

We’re well into the first quarter of 2021 now, and it’s a good time to take stock of what’s behind us, and how it will impact what lies ahead. Goldman Sachs strategist Jan Hatzius believes that we are on an upward trajectory, with better times ahead. Hatzius sees the developed economies expanding as the corona crisis recedes. For the US, particularly, he is impressed by the ‘very substantial fiscal support’ implies in the latest COVID relief package. Even with that, however, Hatzius believes that Q4 was a weaker period, and we are still not quite out of it. He’s putting Q1 growth at 5%, and says that we’re going to see further expansion ‘concentrated in the spring,’ and an ‘acceleration to 10% growth rate in Q2.’ And by accelerations, Hatzius means that investors should expect Q2 GDP in the neighborhood of 6.6%. Hatzius credits that forecast to the ongoing vaccination programs, and the continued development of COVID vaccines. The Moderna and Pfizer vaccines are already in production and circulation. Hatzius says, in relation to these programs, “That fact that we are developing more options and that governments around the world are going to have more options to choose between different vaccines [means] production is likely to ramp up
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