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28 Stocks to Buy to Boost Your Profits by Up to 162% in 2025: Goldman Sachs

  • US stock markets are clicking on all cylinders, prompting Goldman Sachs to raise its S&P 500 target again.
  • The largest investment bank currently expects the index to reach 6,000 points by the end of the year.
  • Here are 25 companies that will see exceptional profit growth in 2025.

There is no way the leading Wall Street firm can keep up with the S&P 500’s gains.

Goldman Sachs just raised its target for the index for the fourth time in less than 12 months. The financial titan originally set its 2024 target for the S&P 500 at 4,700, then raised it a month later to 5,100. By February, the company revised that amount to 5,200 and raised it to 5,600 over the summer.

But as the S&P 500 continues to hurdle milestones, Goldman Sachs is once again raising the bar. The company now expects that number to reach 6,000 by the end of the year and 6,300 over the next 12 months. These targets mean growth of 4.6% by the end of the year and almost 10% in the coming year.


GS earnings growth projection

Goldman Sachs



Stellar earnings growth inspired this change. David Kostin, Goldman’s chief U.S. equity strategist, wrote in his weekly note that he and his colleagues are calling for earnings growth of 8% this year. This would translate into S&P 500 gains worth $241, before rising 11% in 2025 to $268 and an additional 7% gain in 2026 to $288. The index’s earnings multiple should remain around 22x.

Impressive performances by the usual suspects also helped lift the S&P 500. Kostin noted in a separate note in early October that large-cap growth stocks such as Alphabet, Amazon, Apple, Meta, Microsoft and Nvidia accounted for 44% of the gain market in the third quarter, where they increased by 20.8% and 22%. including dividends.

All 11 sectors of the S&P 500 are in positive territory this year, although some are doing much better than others. In the first week of October, communications services and information technology were the best performers since the beginning of the year, although utilities were not far behind as they also have exposure to artificial intelligence. However, this trade may be losing some steam.

“AI infrastructure trading performance declined in the third quarter, with a basket of AI infrastructure stocks up only 4% compared to 15% in the first half,” Kostin wrote in early October.

28 stocks to buy for strong earnings growth

In recent weeks, Goldman Sachs has released lists of companies that are becoming more efficient, will benefit from weakening wage growth and are mid-market. This month, the company released its coveted list of companies with the highest expected earnings growth in 2025.

Below is a list of the 28 top 100 S&P 500 companies that analysts expect will see higher earnings growth than the index’s 15% rate next year, along with their stock price, market capitalization and expected earnings growth in 2024 and 2025. “NM” means “no importance”.