Goldman Sachs Adds 2 Dividend Stocks to Conviction List With Huge Upside Potential
The Goldman Sachs Conviction List is a curated list of stocks that the firm’s research team believes are highly likely to outperform the market. It’s a tool for investors to identify stocks with strong growth potential, frequently updated to reflect changes in market conditions and company performance. The list aims to identify stocks where Goldman Sachs analysts have the “highest level of conviction” in their outperformance. The Conviction List offers investors a valuable perspective on the stock market, enabling them to identify potential investment opportunities.
The Goldman Sachs Conviction List is the firm’s top stock ideas for high-net-worth and institutional investors.
Stocks are added and removed frequently each month; however, some companies have been on the list for years.
Goldman Sachs added two high-profile dividend-paying companies in the April edition of the Conviction List.
If you’re focused on picking the right stocks and ETFs you may be missing the bigger picture: retirement income. That is exactly what The Definitive Guide to Retirement Income was created to solve, and it’s free today. Read more here
Founded in 1869, Goldman Sachs is the world’s second-largest investment bank by revenue and ranks 32nd on the Fortune 500 list of the largest U.S. corporations by total revenue. The Wall Street white-glove giant offers financing, advisory services, risk distribution, and hedging for the firm’s institutional and corporate clients. We screen the firm’s Conviction List of top stock ideas each month, identifying new companies added to the list and those removed.
If you’re focused on picking the right stocks and ETFs you may be missing the bigger picture: retirement income. That is exactly what The Definitive Guide to Retirement Income was created to solve, and it’s free today. Read more here
For April, the firm added two new stocks, one of which is an outstanding total-return idea for growth and income investors. Both new additions have double-digit upside potential relative to the Goldman Sachs price targets.
Chris Hondros / Getty Images
Goldman Sachs Research ranks among the best for its unmatched breadth—covering over 3,000 securities, 45+ economies, and all major markets—and rigorous, data-driven analysis. The team delivers thousands of proprietary forecasts, models, and unique indicators, backed by top-tier global analysts and innovative thought leadership on macro, industries, and trends, earning consistent recognition as a trusted resource for institutional investors and high-net-worth investors.
This specialty provider of building materials for energy-efficient construction pays 1.26% dividend. Carlisle Companies (NYSE: CSL) is a manufacturer and supplier of building envelope products and solutions that enable energy efficiency in buildings. The Goldman Sachs team had this to say about the company in the Conviction List report:
Analyst Sue Maklari sees a path to a positive topline inflection in 2026, even if non-residential construction activity remains fairly dormant. And alongside tech-driven cost efficiencies, and a boost from buybacks, Maklari looks for EPS growth of 7% this year, accelerating to 15% in 2027. With the stock trading at a NTM P/E of 16x vs an average of 18x since completing the strategic shift to a pure-play building products company in 2024, she expects upside as investors gain greater confidence around the path for earnings.
Its segments include:
The CCM segment produces a complete line of energy-efficient single-ply roofing products and warranted roof systems and accessories for the commercial building industry, including:
Ethylene propylene diene monomer
Thermoplastic polyolefin and polyvinyl chloride
Membrane, polyisocyanurate insulation
Engineered metal roofing and wall panel systems for commercial and residential buildings
The CWT segment produces building envelope solutions that drive energy efficiency and sustainability in commercial and residential applications. Its products include these:
Waterproofing and moisture protection products
Protective roofing underlayments
Fully integrated liquid and sheet-applied air/vapor barriers
The Goldman Sachs price target for the stock is $442, representing a 32% gain from current levels.
This quality financial services pick pays a solid 2.87% dividend and offers double-digit upside potential. Citizens Financial Group (NYSE: CFG) offers a range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions. Goldman Sachs noted this in the Conviction List report:
Analyst Ryan Nash believes that the bank should continue to benefit from having a best-in-class return improvement story, solid organic growth from its private bank, and optionality for further Return on Tangible Common Equity improvement or investing for the next leg of growth from its ‘reimagine the bank’ initiative which is targeting substantial operating savings. And as the bank brings capital ratios lower in 2027+, buyback expectations are likely to increase further, particularly given the proposed changes in bank capital rules where CFG should see higher than peer benefits from its residential and commercial loan portfolios.
The company operates through two segments. The Consumer Banking segment serves consumer customers and small businesses, offering products and services including deposits, mortgage and home equity lending, credit cards, small business loans, wealth management, and investment services, primarily across its 14-state traditional banking footprint.
Its Consumer Banking segment operates approximately 1,000 branches, including 143 in-store locations, and approximately 3,100 ATMs. The Commercial Banking segment primarily serves companies and institutions with:
Financial products and solutions, including lending and leasing
Deposit and treasury management services
Foreign exchange
Interest rate and commodity risk management solutions
Syndicated loans
The $76 Goldman Sachs target price signals a 27% gain.
Most investors spend years learning how to pick good stocks and funds. Far fewer have a clear plan for turning those investments into a reliable retirement paycheck. The truth is, the transition from “building wealth” to “living on wealth” is one of the most overlooked risks facing successful investors in their 50s, 60s and 70s.
Stock Market Outlook Key Takeaways The US stock market is trading at a 10% discount to a composite of our valuations AI enthusiasm is evolving into AI accountability Maintain a barbell-shaped portfolio: Overweight value and growth, underweight core Based on a composite of our intrinsic valuations of the stocks we cover included in the Morningstar
Greenlight Capital, an investment management firm, recently released its Q3 2026 investor letter. A copy of the letter can be downloaded here. The funds returned -3.3% in the third quarter of 2026, compared with a 2.3% gain for the S&P 500, bringing their year-to-date return to -1.5% against the index’s 12.7% advance. The disappointing performance
Warren Buffett has left a legacy as one of the greatest investors of his generation. He’s also one of the best-known investors, and there are reams of shareholder meeting transcripts and letters available for review from Buffett with smart, sound investing advice for anyone from the professional to the layman. Berkshire Hathaway (NYSE: BRKA) (NYSE:
Sandisk (NASDAQ: SNDK) stock lost 24% in October, according to data provided by S&P Global Market Intelligence. Although it reported another quarter of fantastic growth, the market is worried about a slowdown in the memory cycle. Memory is dominating right now Sandisk makes many of the products important for all kinds of technology, and it’s
Pershing Square CEO Bill Ackman speaks on CNBC’s “Squawk Box,” Nov. 3, 2026. CNBC Bill Ackman worries that the stock market is broken, saying the rise of speculative trading is leading to wild price swings thanks to the amount of leverage in the system. “Every number of days, I feel like markets are broken,” Ackman
Enter Boeing (NYSE: BA) stock in a beauty contest, and it wouldn’t get many votes. But long-term investing isn’t a beauty pageant; it’s about finding good value stocks with plenty of upside potential. Boeing is a winner in that regard, even though its recent update might have been disappointing for some. Here’s why its worth
Some companies treat their dividend like a bill they have to pay every month, not a bonus they hand out when times are good. That mindset is what separates a stock that merely offers a dividend from one that has actually built its business around protecting it, through recessions, inflation spikes, and years when growth
The US Capitol is reflected in the Capitol Reflecting Pool in Washington, DC, US, October 27, 2026. Umit Bektas | Reuters The stock market is not yet pricing in a Democratic sweep of Congress — despite some polls and most prediction markets pointing that way — so that scenario could weigh on share prices Wednesday,
Investors are always on the lookout for the next big thing in technology, and this time around, it may be quantum computing. It offers us an enormous step up from classical computing, allowing us to solve many of today’s impossible problems. While classical systems use bits to store information in the form of a zero
A roaring market is obviously good news for stock and commodity exchanges, because it prompts more revenue-generating trading activity. To this end, with the market still within sight of record highs, the exchanges are doing pretty well, although they’re not at the levels they reached earlier this year, when over $1 trillion in investments exchanged
Lumentum Holdings (NASDAQ:LITE) did just about everything right this morning, and its stock got punished anyway. Shares of the laser and optics specialist were down 14.9% as of 12:55 p.m. ET. Q1 2027 results beat Wall Street’s expectations and the company agreed to be acquired by Marvell Technology (NASDAQ:MRVL) in an all-stock deal. Marvell’s stock
Shares of AppLovin (APP +0.15%) are down 65% so far in 2026, making it the worst performer in the S&P 500 as of the end of October. It’s been an abysmal performance for the tech stock. And rather than one big sell-off, it’s been a continually slow, painful decline for the company’s shareholders. The adtech
California Resources has rewarded long term holders over the past five years, which naturally puts a spotlight on whether the current share price really lines up with what its sales can support. After a period that includes both a sizeable reported loss and new clean power ambitions, the question is how much revenue strength the
Taiwan’s AI stock boom is creating more ways for investors to profit from its chip supply chain, making early-stage startups a tougher pitch. Taiwan’s benchmark Taiex index is up more than 50% this year, making it the world’s best-performing major index after pulling ahead of South Korea’s Kospi. The gains extend well beyond Taiwan Semiconductor
MGM Q3 deep dive: margin recovery and digital growth offset soft leisure demand Hospitality and casino entertainment company MGM Resorts (NYSE:MGM) met Wall Street’s revenue expectations in Q3 2026, but sales were flat year on year at $4.21 billion. Its non-GAAP loss of $0.11 per share was significantly below analysts’ consensus estimates. Is now the
Shares of Amplitude (NASDAQ:AMPL) were among the winners last month as the data analytics software stock benefited from a broader rotation out of AI infrastructure stocks into undervalued stocks like Amplitude, and it also got a number of positive analyst notes during the month. Though there was no major company-specific news out on Amplitude, those
It’s not just the neoclouds and hyperscalers that investors are anxious about. Options data show a surge in bearish trading in anticipation of both Palantir and Apple earnings Monday afternoon. The two stocks have been on trajectories that are distinct from the broader AI trade – with Apple, in particular, trading almost inversely to the
Five days after Oracle (ORCL) promised to rein in its fundraising, it raised the full $20 billion in a single day. Oracle kicked off a $10 billion bond sale Monday and, at the same time, filed to sell $10 billion of stock. Together, that’s every dollar of new debt and stock it said at last
Wall Street mostly swept up last week’s tech wreckage Monday. Chip stocks kept tracking mud back through the house. About 7 in 10 S&P 500 stocks rose Monday, yet nearly every chip stock fell, and the group shed more than $400 billion in market value in a single session, by Yahoo Finance calculations. Intel (INTC)
Vancouver, British Columbia–(Newsfile Corp. – November 2, 2026) – Talent Infinity Resource Developments Inc. (CSE: TICO) (OTCQB: TIRDF) (FSE: ON8) (the “Company” or “TICO“) announces that it has completed the cancellation of stock options described in its news release dated October 14, 2026. Further to its news release dated October 14, 2026, issued at the
