Goldman says to pick stocks in 2022 with high margins, low labor costs
While working at the New York Stock Exchange, a trader is wearing “2022” glasses. This was Friday, December 31, 2021.
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Expect lower stock returns in 2022 as businesses continue to deal with rising inflation which could affect their profitability margins. Goldman Sachs stated that some businesses should not be subject to rising labor costs. They are likely to have strong margins and high revenue growth.