$GS The forecast for the US economy is optimistic all over Wall Street. If the tight monetary policy continues and the US economy makes a "hard landing", it also lists 32 stocks with abundant cash flow, high dividends and low valuations that can be used to fight the recession.

This combination includes:

$ATVI $EA $COST $SYY $KO $PM $MO $AMD $STZ $BF.B $HRL $LW $BG $CL $CHD $ABT $MDT $RMD $LH $STE $TFX $TMO $DHR $JNJ $A $MSFT $PFE $ZTS $ACN $ROP $CTSH

Put these companies into an equal-weighted portfolio of investors, and the returns since 2017 are as follows

And $IWB Compared with, the performance is more.

By year alone, this portfolio outperformed the Russell 1000 Index in 2017, 2018 and 2022.

The performance since 2023 is actually lower than the broader market.

But the portfolio did better in years of overall pullback/retracement, which is why Goldman chose such companies.