Some of the best opportunities in the market next year might have nothing to do with the AI trade.
That’s the view at Goldman Sachs Asset Management sees a handful of areas of the market that could benefit as the rally in mega-cap tech broadens out, Greg Calnon, the cohead of public investing at the bank’s asset management arm, said.
The outlook for markets generally looks strong going into next year for risk assets, Calnon told CNBC this week, pointing to tailwinds like the Fed continuing to cut interest rates.
That’s already started to benefit areas of the market this year that are out of the spotlight, he suggested, pointing to three spots in particular that could be good opportunities for investors as the pool of market winners broadens.
Here are some of the bank’s investment ideas going into the next year:
1. Small caps
Small-cap companies are at the…
