Goldman Sachs Strategists: Capital-Intensive Firms Likely To Outperform This Earnings Season

Goldman Sachs strategists said capital-intensive companies are likely to deliver solid earnings this reporting season and further outperform asset-light peers that rely more on labor or digital assets, according to 36Kr. A team led by Guillaume Jaisson said investors remain under-allocated to a world where physical assets, infrastructure and industrial capacity have regained strategic importance.