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0.000330368487928856 0.00025412960609912 -8.47098686996265E-05 0.00271071579839058 0.00398136382888606 0.00398136382888606 0.00398136382888606 0.00398136382888606
Stock impact report

Goldman Sachs flags 2 new high-conviction stock picks as the Iran war rattles markets [Business Insider]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Have an account? Log in The war in Iran has sparked turmoil on Wall Street, US stocks lower. Goldman Sachs analysts added ConocoPhillips and Loar Holdings to their conviction list. Oil spiked again on Tuesday, boosting the bull case for energy firms. The latest market moves in response to the US war with Iran have led Goldman Sachs to update its list of high-conviction stock picks this week, The bank added two stocks in the energy and defense sectors. The conflict in the Middle East comes amid a broader rotation into "old economy" plays as the market rewards "HALO" (heavy asset, low obsolescence) assets, like Goldman's latest stock picks. "Investors are finally giving more value to old world capital intensive businesses that is now extending beyond just those investing in hard data center assets to other slices of the supply chain and the economy," the analysts wrote. The firm added ConocoPhillips and Loar Holdings to its US conviction list in a note on Tuesday. Here's Show less Read more
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