Veytics Intelligence
2026-11-10 · Yahoo

Goldman Sachs calls chip stocks 'oversold.' Here are the names it says to buy.

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Goldman Sachs is sifting through the AI stock rubble in search of bargains. "We believe stocks are now clearly in oversold territory," Goldman Sachs analyst James Schneider said about semiconductor stocks. Three of his top names to buy: Nvidia (NVDA), Broadcom (AVGO), and AMD (AMD). "Even in a 'no growth' scenario for 2028 (which we see as relatively unlikely), NVDA/AVGO are trading 12X/13X this baseline — which we believe valuations are compelling at current levels," Schneider wrote in a note. "We find AMD to be very attractive given the growth we believe it can achieve, albeit at a less compelling valuation." It has been a brutal run for tech stocks in November. The S&P 500 (^GSPC) lost 4.3% of its market value on Nov.

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