Goldman Sachs Recommends Five Stocks Ahead of Earnings Season

Goldman Sachs has assigned buy ratings to five companies expected to report earnings between late October and mid-November, spanning sectors including theme parks, delivery services, advertising, Latin American banking, and oilfield services. Four of the selected stocks have declined in value during 2026, with only Baker Hughes showing positive year-to-date performance. The bank's recommendations suggest potential upside opportunities as these companies approach their quarterly results.

Goldman Sachs has identified five companies positioned for potential gains as they move into their earnings announcement period during the final weeks of October through mid-November. The selected firms operate across diverse industries, ranging from entertainment and logistics to media services, financial services in emerging markets, and energy sector infrastructure. This diversified approach across multiple sectors suggests the bank's analysts see attractive opportunities distributed throughout the economy rather than concentrated in any single industry.

The timing of these recommendations is notable given that four of the five stocks have experienced declines since the start of 2026. Baker Hughes stands as the exception, maintaining positive year-to-date returns. Goldman Sachs' buy ratings on these underperforming securities indicate the bank's conviction that earnings reports may catalyze market reassessment of these companies' valuations and prospects.