MarketMoodz
Goldman Sachs names five stocks to buy on market jitters, led by Nvidia
Goldman Sachs has named five stocks to buy as market jitters intensify, led by Nvidia. The list also includes Ross Stores, Viking Holdings, Once Upon a Farm, and Dutch Bros, signaling a focus on AI exposure, durable brands, and steady earnings momentum amid volatility.
Key Takeaways
- Goldman named Nvidia, Ross Stores, Viking Holdings, Dutch Bros, and Once Upon a Farm as dip-buy ideas in a volatile market.
- Christine Cho upgraded Dutch Bros to Buy, citing best-in-class growth and solid unit economics.
- Nvidia’s upside hinges on hyperscale CapEx forecasts and visibility into OpenAI and Anthropic spending through 2027.
- Goldman raised Viking Holdings' 12-month target to $84 from $78, signaling pricing power and resilience amid geopolitical uncertainty.
People Involved
- Christine ChoGoldman Sachs Analyst
- Leah JordanGoldman Sachs Analyst
- Lizzie DoveGoldman Sachs Analyst
Entities Involved
- Nvidia (NVDA)Semiconductor company and AI hardware supplier
- Ross Stores (ROST)Discount retailer
- Viking Holdings (VIK)Holding company
- Dutch Bros (BROS)Coffeehouse chain
- Once Upon a FarmPrivate baby-food company
MarketMoodz Analysis
In a volatile market, Goldman’s five-stock list underscores AI-driven demand via Nvidia and the durability of pricing power in consumer and leisure names. The picks imply a market-tolerant stance that favors growth with a defensive tilt, offering potential entry points on pullbacks.
Historically, Goldman has leaned into names with durable brands and clear pricing power during periods of macro uncertainty, a pattern that has supported stock performance when discretionary spend remains resilient. Nvidia remains the cornerstone of the AI cycle, while retailers and consumer brands like Dutch Bros and Ross Stores have demonstrated earnings momentum that can cushion investor sentiment amid volatility.
What to watch next: monitor any updates to Goldman’s notes, particularly around Nvidia’s non-traditional customer exposure, and track the private-status development of Once Upon a Farm. Also watch the IPO environment and capital-market signals that could reprice growth names if macro risk abates.
Source: Original Article