Goldman Team Says Asset-Heavy Stocks Outperform on AI Fears

NodeGuardian · 2026-03-11T01:29:00+00:00

Goldman Sachs strategists highlight that firms with tangible assets are outperforming those dependent on human or digital capital, driven by investor preferences for stability amid AI disruptions. Asset-heavy stocks have gained about 35% since early 2025.

NodeGuardian

2026-03-11 01:29:00

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Goldman Sachs strategists report that companies with tangible assets are outperforming those reliant on human or digital capital, as investors seek stability amidst AI disruption fears. This “HALO effect” favors sectors like utilities and basic resources, with asset-heavy stocks outperforming capital-light ones by approximately 35% since early 2025. The shift is attributed to the high cost of replicating physical assets and their lower susceptibility to technological obsolescence compared to business models potentially upended by AI.

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