Nine South Korean firms have been included on Goldman Sachs' top list of highly
recommended company stocks, a report showed Tuesday.
Goldman Sachs'
Conviction Buy List for Asia including Japan selected 93 listed firms, nine of
which were South Korean companies.
The nine firms were NCsoft Corp.,
GS Engineering & Construction Corp., Samsung Fire & Marine Insurance
Co., S-Oil Corp., KB Financial Group, Shinsegae Co., Grand Korea Leisure Co.,
Korean Air Lines Co. and LG Innotek Co.
The Conviction Buy List is a
listing of stocks that the U.S. investment bank's research team expects to
outperform.
The regional Conviction Buy List represents investment
recommendations focused on either the size of the potential return or the
likelihood of the realization of the return.
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