Goldman has a long-term AI winners portfolio. Here’s what’s in it

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Goldman has a long-term AI winners portfolio. Here’s what’s in it

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, which is already higher this year by more than 15%. However, Goldman Sachs said the productivity gains to be had from AI would boost earnings per share for the company by roughly 39%. Pinterest was another name that was identified by the Wall Street firm. The image-sharing platform has underperformed this year, and is down more than 7%. But Goldman Sachs said baseline earnings can jump 162% because of AI. The big-box retailer that can see sizable gains is Walmart . The company is up more than 15% this year. Goldman Sachs expects Walmart can eventually use automation to lower its labor costs. It predicts about 31% of its wage bill is exposed to AI. That means over time, Walmart could see a boost of 44% to earnings per share. The New York Times and Kohl’s were other names that surfaced.

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Generative AI,Artificial intelligence,Breaking News: Investing,Wall Street,Business,Markets,Stock markets,

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.com Inc,Pinterest Inc,Walmart Inc,New York Times Co,KOHLS CORP DRN,NVIDIA Corp,business news
#Goldman #longterm #winners #portfolio #Heres #whats

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