Goldman Names 23 Defensive Stocks for Investors Worried About the AI Trade
Goldman Sachs is steering investors worried about the artificial intelligence (AI) trade toward health care and consumer staples stocks. Goldman’s call comes less than a week after RBC Capital Markets cut tech to market weight. On October 14, RBC recommended health care in its place. Rising Rates Put the AI Earnings Engine Under Pressure Goldman’s The post Goldman Names 23 Defensive Stocks for…
Goldman Sachs has identified 23 defensive stocks in health care and consumer staples for investors concerned about the AI trade, following RBC Capital Markets' downgrade of tech to market weight on October 14. The piece frames this as a rotation away from AI-linked equities amid rising rates pressuring AI earnings. There are no specific crypto assets or direct market-moving numbers here, so the relevance to crypto traders is indirect at best, tied only to broader risk sentiment.
