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goldman sachs The Conviction List is a curated list of stocks that the firm’s research team believes are highly likely to outperform the market. It is a tool for investors to identify stocks with strong growth potential, which is frequently updated to reflect changes in market conditions and company performance. The list aims to identify stocks where Goldman Sachs analysts have the “highest level of confidence” in their outperformance. The Conviction List provides investors with a valuable perspective on the stock market, helping them identify potential investment opportunities.
Established in 1869, Goldman Sachs is the world’s second-largest investment bank by revenue and ranks 32nd on the Fortune 500 list of the largest US corporations by total revenue. The Wall Street white-glove giant provides financing, advisory services, risk distribution and hedging for the firm’s institutional and corporate clients. We screen the firm’s Conviction list of top stock ideas each month, identifying new companies added to the list and those removed.
For April, The firm added two new stocks, one of which is an excellent total-return idea for growth and income investors. Both new additions have the potential for double-digit upside relative to the Goldman Sachs price target.
Why do we recommend Goldman Sachs shares?
Goldman Sachs The research ranks among the best for its unmatched comprehensiveness and rigorous, data-driven analysis covering over 3,000 securities, 45+ economies and all major markets. The team provides thousands of proprietary forecasts, models and unique indicators backed by top-tier global analysts and innovative thought leadership on macro, industries and trends, consistently earning recognition as a trusted resource for institutional investors and high-net-worth investors.
carlisle
this specialty The building materials provider pays a 1.26% dividend for energy-efficient construction. Carlisle Companies (NYSE:CSL) is a manufacturer and supplier of building envelope products and solutions that enable energy efficiency in buildings. In the Conviction List report, the Goldman Sachs team had this to say about the company:
Analyst Sue McClary sees a path to positive topline change in 2026, even if non-residential construction activity remains fairly inactive. And with a boost from tech-driven cost efficiency and buybacks, Makalari is expecting EPS growth of 7% this year, rising to 15% in 2027. With the stock trading at an NTM P/E of 16x and an average of 18x since completing a strategic transformation into a pure-play building products company in 2024, she expects investors to have more confidence in its path to earnings.
sections of include:
- Carlisle Building Materials (CCM)
- Carlisle Weatherproofing Technologies (CWT)
ccm section Produces a full line of energy-efficient single-ply roofing products and warranty roofing systems and accessories for the commercial building industry, including:
- ethylene propylene diene monomer
- Thermoplastic Polyolefin and Polyvinyl Chloride
- Membrane, polyisocyanurate insulation
- Engineered Metal Roof and Wall Panel Systems for Commercial and Residential Buildings
cwt section Creates building envelope solutions that enhance energy efficiency and sustainability in commercial and residential applications. Its products include:
- Waterproofing and moisture protection products
- protective roof underlays
- Fully integrated liquid and sheet-applied air/vapor barriers
goldsmith The Sachs price target for the stock is $442, indicating a 32% gain from current levels.
citizen financial
this quality Financial Services Select pays a solid 2.87% dividend and offers double-digit growth potential. Citizens Financial Group (NYSE: CFG) provides a range of retail and commercial banking products and services to individuals, small businesses, mid-market companies, large corporations and institutions. Goldman Sachs noted this in the conviction list report:
Analyst Ryan Nash believes the bank should continue to benefit from its best-in-class returns improvement story, solid organic growth from its private bank, and the optionality for further returns on tangible common equity improvement or the investment for the next phase of growth from the ‘Reimagine the Bank’ initiative, which is targeting substantial operating savings. And as the bank reduces capital ratios in 2027+, buyback expectations are likely to rise further, especially given the proposed changes to bank capital rules where CFG should see higher than equivalent returns from its residential and commercial loan portfolios.
company Operates through two segments. The Consumer Banking segment serves consumer customers and small businesses, offering products and services including deposits, mortgages and home equity loans, credit cards, small business loans, wealth management and investment services primarily across its 14-state traditional banking footprint.
This is the consumer The banking segment operates approximately 1,000 branches, including 143 in-store locations and approximately 3,100 ATMs. The commercial banking segment primarily serves companies and institutions:
- Financial products and solutions including lending and leasing
- Deposit and Treasury Management Services
- foreign currency
- Interest Rate and Commodity Risk Management Solutions
- syndicated loan
$76 Goldman Sachs’ target price suggests a 27% gain.