Stocks to Buy on the Dip thanks to Goldman (GS, FSLR, CCL)
The huge decline in equities is providing some buying opportunities, but which stocks to buy? Goldman Sachs (NYSE:GS) has added eight new companies to its 'Conviction Buy List' including First Solar (NASDAQ:FSLR) and Carnival Corporation (Public, NYSE:CCL).
Goldman believes it 'Conviction Buy List' stocks will increase 20% in the the 36 months.
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Carnival Corp (CCL) shares have traded between $29.68 and $48.14 over the past 12 months. CCL shares are trading at $38.98 today, down 2.21% or 88 cents and volume is currently at 4,925,396 shares traded. Carnival Corp shares are now trading with a P/E Ratio of 16.2 and EPS of 2.46
Over the past 12 months First Solar Inc (FSLR) shares have traded between $100.19 and its 52-week high of $175.45. First Solar Inc shares are now trading with a P/E Ratio of 19.1 and EPS of 7.68. FSLR shares are one of the few stocks moving higher today, its shares are at $155.14, up 5.6%.