Amazon, AIG Lead Goldman's List Of EPS Growth Winners For Rest Of Year

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Amazon.com, Inc.
AMZN
and American International Group Inc
AIG
lead the list of Goldman Sach's EPS growth winners for the rest of the year. Broadcom Ltd
AVGO
, Chubb Ltd
CB
and Adobe Systems Incorporated
ADBE
, and Facebook Inc
FB
were also part of the above list that constitutes the fastest mega-cap EPS growth companies in 2016. In a client note, analysts including Davi Kostin, said: "Despite falling 5% through February, the S&P 500 returned 7% in March to end the quarter up 1% including dividends. Defensive sectors such as Telecom Services (+17%) and Utilities (+16%) outperformed in 1Q 2016, while Health Care (-6%) and Financials (-5%) trailed. Hedge funds (-2%) continued to struggle during the first quarter, driven in part by factor reversals." "We expect S&P 500 to rise 2% to end 2016 at 2100. We favor stocks with high domestic sales and strong balance sheets."
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