- Companies that achieve strong revenue expansion have historically seen their stocks climb.
- Goldman Sachs (NYSE:GS) has identified the 14 S&P 500 companies set to see the biggest sales growth in 2018.
With the broader stock market expected to rise this year, it can be difficult to identify the companies set to leave their peers in the dust. But there are ways to sift through the noise to find the winners — assuming you know where to look.
One way to do this is to identify the companies most likely to see revenue expansion. And lucky for you, Goldman Sachs is here to help.
The firm ranked stocks in the benchmark S&P 500 index by expected 2018 sales growth, providing a handy guide to the companies the bank sees as most likely to enjoy revenue-driven gains.
It's important to note, however, that revenue is just one piece of the puzzle. Further down the income statement, earnings growth is another crucial piece. In fact, Goldman has a separate analysis ranking stocks by profit expansion, which you can learn more about here. Used in tandem, the two studies are intended to make it easier for investors to make good trading decisions.
Without further ado, here are the 14 stocks Goldman says will offer the biggest sales growth this year (note: the firm's analysis excludes stocks from the financial, utilities, and real estate sectors):
14. Priceline
Ticker: PCLN
Industry: Consumer discretionary
Goldman Sachs rating: Neutral
2018 expected sales growth: 14%
13. Apple (NASDAQ:AAPL)
Ticker: AAPL
Industry: Information technology
Goldman Sachs rating: Coverage suspended
2018 expected sales growth: 15%
12. Broadcom (NASDAQ:AVGO)
Ticker: AVGO
Industry: Information technology
Goldman Sachs rating: Not rated
2018 expected sales growth: 16%