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Goldman’s Latest Conviction Picks Feature One Stock with 60% Potential Upside

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Goldman Sachs has kicked off 2025 by adding three new stocks to its “Conviction List”: Uber Technologies, Norwegian Cruise Line, and Belden, while removing Fox Corp, Parker-Hannifin, and TPG. Goldman anticipates significant gains for Uber, projecting a nearly 60% upside with a $96 price target, driven by profitability improvements and strong growth in Mobility and Delivery bookings. Norwegian Cruise Line is expected to benefit from private island investments, with a target of $35, suggesting a 36% upside. Belden is poised for growth due to its regional revenue distribution and software solutions focus, with a target of $139 indicating over 23% upside.

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