GOLDMAN SACHS: Buy these 11 stocks poised to surge by at least 50% within the next year

• Goldman Sachs has updated its quarterly list of stocks with the widest gaps between their current prices and its analysts’ bullish targets. 
• The firm’s equity strategists expect the market to gain into the year-end — and these stocks could be among the biggest beneficiaries if a rally materializes. 
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There are numerous bargains waiting to be picked up in the stock market following the tepid gains realized in the third quarter and the tumultuous start to the fourth. 

Thankfully, strategists at Goldman Sachs have done some of the legwork by identifying stocks they see as poised for huge upside but still underpriced by the market.

David Kostin, Goldman’s chief US equity strategist, expects a rally in the fourth quarter that will lift the S&P 500 to 3,100 by year-end — representing a 4% gain for the full fourth quarter.

Such a rally would buck the market’s recent trend: in his recent note to clients, Kostin notes that the S&P 500 has delivered shrinking returns with each quarter this year. The index climbed just 1% in the third quarter due to the uncertainty generated by the trade war.  

If Kostin’s predicted rally materializes, the stocks listed below could be among the biggest beneficiaries on the way up. They are all buy-rated by Goldman. And as of September 30, their prices were furthest from analysts’ bullish price targets. 

The list is ranked ranked from stocks with the least to the most upside relative to 12-month price targets.