Taiwanese President Tsai Ing-wen is expected to stop over in the U.S. on Friday on her way back from visiting diplomatic allies in the Caribbean, a move that's sure to make...China Politicsread more
Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they're used.Technologyread more
Stocks in Asia Pacific advanced in Friday afternoon trade, as comments from a U.S. Federal Reserve official led to rising expectations the central bank could ease monetary...Asia Marketsread more
Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
The base version of the sports car will punch out 495 horsepower, 40 more than the seventh-generation car and enough to launch it from 0 to 60 in "less than three seconds"...Autosread more
Animation fans and Kyoto residents gathered at the site of Japan's worst mass killing in 18 years on Friday, offering flowers and prayers for the 33 people who died in an...Asia Newsread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant "send her back" at a rally Wednesday in North...Politicsread more
Goldman Sachs told clients to buy dividend growth stocks with cheap valuations to outperform in an increasingly complacent stock market.
"A combination of slow global growth, vast worldwide Central Bank easing and the hunt for global yield have kept a lid on the US Treasury rates. Impact to asset prices and portfolio performance is vast and acute," Goldman's Robert Boroujerdi wrote in the note to clients Tuesday.
"Many low vol, high yield stocks (e.g. EQR, GIS, PSA, SYY) trade at peak multiples. We seek out those at cheap valuations ... that also offer strong div growth."
Boroujerdi cited how value stocks underperformed in the past eight years and their valuation gap versus the general market is the largest in over a decade. Value stocks are 0.85 points less expensive on a price-to-book multiple basis versus the market compared with 0.60 points lower on average historically. Some traditional value sectors like staples, utilities and REITs are now at high valuations as investors chase yield, so he recommends cheap stocks in other industries with growing dividends.
Here are 4 Goldman buy-rated value stock picks that have cheap valuations and growing payouts.