Stocks like Nvidia have accelerating ‘momentum,’ Goldman Sachs says
Analysts at Goldman Sachs revealed a host of stocks that have more room to run. The firm said companies like energy drink maker Monster Beverage have plenty of growth ahead. Other buy-rated stocks Goldman Sachs like include Nvidia, MP Materials, SharkNinja and Woodward. Monster Beverage “An impressive start to the year with robust April sales suggesting momentum is continuing,” Goldman Sachs said following the beverage company’s recent quarterly report. Analyst Bonnie Herzog said in a recent note that Monster has plenty more room to run and remains a top pick. “Once again, we think there’s a lot to like about the results as MNST continues to deliver impressive-volume led DD%+ [double-digit percentage] growth while executing in a challenging and volatile operating/cost environment,” she said. Herzog also raised her price target to $97 per share from $95. The stock is up almost 14% this year. MP Materials Shares of the rare earth company are poised to rise from here following its recent earnings report, analyst Brian Lee. “Strong results as ramp-up execution continues to show signs of positive momentum,” he said in a recent note. The firm also raised its price target on the stock to $80 from $71 and called out MP Materials’ magnet business. “With a strong balance sheet, we anticipate MP to continue executing on its growth strategy, which is nearing an important inflection point,” Lee said. Shares are up about 21% this year. SharkNinja Analyst Brooke Roach is sticking with the consumer products company following its recent solid earnings report. “This quarter’s performance provides another proof point of the durability of SN’s diversified growth model,” Roach wrote. Goldman said the biggest surprise for SharkNinja’s quarter was its international operations. “This stronger momentum supports a stronger outlook for International growth and is incrementally embedded in SN’s higher revenue guide for the year,” the analyst said. Meanwhile, shares are up 3% over the last 12 months, but have underperformed year to date. “We step away from the quarter encouraged by the continued sales momentum across the company’s key growth pillars of category expansion, share gains in existing categories, and international expansion,” Roach wrote. Monster “An impressive start to the year with robust April sales suggesting momentum is continuing. … Once again, we think there’s a lot to like about the results as MNST continues to deliver impressive-volume led DD%+ growth while executing in a challenging and volatile operating/cost environment.” Nvidia “Although the stock has lagged peers and now trades at a meaningful discount relative to history, we believe the stock’s multiple can re-rate if we see evidence of: (1) improving profitability metrics at hyperscalers that supports sustained spending growth; (2) proliferation of agentic AI signaling broader enterprise adoption; (3) more visibility into deployments at non-traditional customers.” MP Materials “Strong results as ramp-up execution continues to show signs of positive momentum. … With a strong balance sheet, we anticipate MP to continue executing on its growth strategy, which is nearing an important inflection point.” Woodward “WWD F2Q26 earnings were strong, with revenue above expectations in both segments. The company raised full year guidance on sustained growth across the business, with particular upside in aerospace aftermarket. We continue to see WWD as one of the most compelling stories in our coverage as the company has made large market share gains in aerospace.” SharkNinja “This quarter’s performance provides another proof point of the durability of SN’s diversified growth model. … This stronger momentum supports a stronger outlook for Intl growth and is incrementally embedded in SN’s higher revenue guide for the year. … We step away from the quarter encouraged by the continued sales momentum across the company’s key growth pillars of category expansion, share gains in existing categories & international expansion.”
