A Goldman Sachs executive is outlining potentially tactical stock trades as second-quarter earnings reports begin to roll out in mid-July.
John Marshall, Goldman’s head of derivatives research, says in a new interview with CNBC that the brokerages Interactive Brokers (IBKR) and Charles Schwab (SCHW) are benefiting from a surge in retail trading activity, which could boost their stock prices.
“The retail activity – while they may not have been buying intensely over the last couple of months, they’ve been very active, and that should be a tailwind for both of them.”
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Marshall also says Goldman believes the equipment and machinery giant John Deere (DE) could benefit from the agricultural cycle, which the firm believes is at a cyclical bottom.
Goldman Sachs’ other tactical trades related
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