Goldman Sachs Overhauls Director's Cut List with New Additions
Goldman Sachs has made changes to its Director's Cut list for October, adding five new companies and removing five others. The firm added Amazon (AMZN), Burlington Stores (), Huntington Ingalls (), Johnson Controls (), and Occidental Petroleum () to the list.
The additions reflect changes in Goldman Sachs' portfolio recommendations across multiple sectors. The firm provided brief summaries of the newly added companies, as well as more detailed analysis of the changes along with market commentary in its report.
The Director's Cut list update also featured a review of list performance and earnings catalysts, according to Goldman Sachs' announcement. The firm did not disclose specific reasons for the removals in its statement.