GOLDMAN SACHS: 17 stocks that have a long way to fall
REUTERS/Lucas Jackson
Goldman Sachs has some ideas about what US stocks to sell in 2017.
Shares of Kohl's Corp., the American retail chain, have the most downside among US stocks, closely followed by Boeing and Transocean, according to the most recent US quarterly outlook published by Goldman Sachs.
The firm arrived at the downside ranking of a stock by looking at the percent difference between its current trading price and Goldman's target price set for the stock.
We provide a list of the top 17 US stocks with the most downside, according to Goldman's rankings, below.
1. Kohl's
Thomson ReutersTicker: KSS
Current price: $49.38
Target price: $35
Downside to target: -29.1%
Source: Goldman Sachs
2. Boeing
BoeingTicker: BA
Current price: $155.68
Target price: $113
Downside to target: -27.4%
Source: Goldman Sachs
3. Transocean
TransoceanTicker: RIG
Current price: $14.74
Target price: $11
Downside to target: -25.4%
Source: Goldman Sachs
See the rest of the story at Business Insider
