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0 0 0 0 0.0129250520471894 0.00641915336571821 0.00373004857737688 0.00373004857737688
Stock impact report

ConocoPhillips and Loar added to Goldman Sachs conviction list [Yahoo! Finance]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
ConocoPhillips and Loar added to Goldman Sachs conviction list Proactive uses images sourced from Shutterstock Goldman Sachs has shaken up its US “conviction list – directors' cut”, adding oil major ConocoPhillips (NYSE:COP, XETRA:YCP) and aerospace supplier Loar Holdings (NYSE:LOAR), while removing Huntington Ingalls Industries Inc (NYSE:HII) Valero Energy Corp (NYSE:VLO) and Madison Square Garden Entertainment (NASDAQ:MSG) The changes come against what the bank describes as a shifting market backdrop in which investors are rotating toward “heavy assets” – capital-intensive businesses seen as less vulnerable to AI disruption. Electricity grids, pipelines, utilities and industrial capacity are back in favour, Goldman argues, as technology growth becomes increasingly dependent on physical infrastructure. ConocoPhillips is pitched as “big oil shifting to harvest mode”. Analyst Neil Mehta expects a “positive free cash flow inflection” over the next three years as major projects Show less Read more
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