Saturday, 6 July 2013

GOLDMAN: Here Are The 10 Most Overpriced Stocks In The Market

red bull cliff diving
REUTERS/Dean Treml
Orlando Duque of Colombia dives from a 16 metre (53 feet) rock at Lana'i Lookout as some local hula girls look on in the lead up to the final round of the 2010 Red Bull Cliff Diving World Series in Oahu, Hawaii, September 8, 2010.
Goldman Sachs chief U.S. equity strategist David Kostin is bullish. He expects the S&P 500 to rally to 1,750 by the end of the year.
However, this is not to say that every stock in the market is a good buy right now.
In his new US Monthly Chartbook, Kostin offers a list of the 40 stocks with the most downside relative to Goldman analysts' price targets.
We pulled the 10 stocks that have at least 20% to lose.

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