Goldman's US equity strategist suggests where to invest right now [CNBC]
PIVOTAL SOFTWARE INC (PVTL)
Last pivotal software inc earnings: 9/4 04:11 pm
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Source: CNBC
Goldman's US equity strategist suggests where to invest right now Michael Nagle | Bloomberg | Getty Images Traders work during the Pivotal Software Inc. initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, April 20, 2018. U.S. equity markets have taken a battering in recent months amid trade war tensions, fears of an economic slowdown and Fed rate hikes – not to mention ongoing political uncertainty with the U.S. government shutdown. David Kostin, chief U.S. equity strategist at Goldman Sachs, told CNBC Wednesday where he would recommend investing amid the current uncertainty. "From a strategy perspective we want to focus on companies and industries that are less economically sensitive," he told CNBC's Joumanna Bercetche in London. "So, the idea is that if the economy accelerates or re-accelerates, or deteriorates, what are some industries that have more stable characteristics? So look at the software industry "That's why some
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