Goldman Sachs stiller et tankevækkende spørgsmål i en af sine ekstremt kortfattede enkelt-graf analyser: Bliver det brugen af high-tech i traditionelle virksomheder, der bliver vigtigere i de næste ti år, end selve high-tech-selskaberne, som alle hidtil har fokuseret på? I det nuværende marked bliver det stadig vanskeligere at finde atrraktive aktier, men det kan netop gøre det vigtigt at tjekke brugen af teknologisk innovation i traditionelle virksomheder fremfor at fokusere på de enkelte sektorer.
Seeking Out High Growth
Since the turn of the century, the number of high growth companies has dwindled across global developed markets. Investors today face a market environment of elevated volatility, low yields, and modest GDP growth, making it difficult to lock in attractive returns. In the decade ahead, we believe returns will increasingly rely on technological innovation in traditional sectors, leading to a more idiosyncratic and global opportunity set.
Source: Datastream, I/B/E/S, Goldman Sachs GIR, and GSAM. As of July 2020.
