Goldman's Tony Pasquariello recommends tech, gold, silver, and bitcoin for H2 2025.

Goldman's Tony Pasquariello recommends tech, gold, silver, and bitcoin for H2 2025.

Goldman Sachs' Tony Pasquariello, the head of hedge fund coverage, has outlined a market framework for the second half of 2025, recommending investments in technology, gold, silver, and Bitcoin. According to Pasquariello, the U.S. labor market's resilience and the lack of significant hangover from the payrolls report indicate a stable risk appetite [1]. However, he cautions that broader economic conditions and sector-specific challenges, such as those faced by the paper and pulp sector, may impact various industries [2].

Pasquariello's recommendations are based on the firm's digital transformation strategies and innovation programs, which have been highlighted in recent reports [3]. The technology sector is expected to remain strong, driven by advancements in artificial intelligence, blockchain, and other emerging technologies. Goldman Sachs' digital transformation strategies and innovation programs, along with their partnerships and product launches, position the firm as a leader in the tech industry [3].

Goldman Sachs' analyst Neil Mehta has reiterated the firm's Neutral rating on ExxonMobil (NYSE:XOM) with a price target of $117.00. Despite the current price of $106.80, the stock appears undervalued, trading at a P/E ratio of 15.1x and maintaining a solid 3.74% dividend yield [2]. The firm's positive outlook on ExxonMobil's financial and operational performance is reflected in recent earnings results, which surpassed Wall Street expectations [2].

Pasquariello's recommendation to invest in gold, silver, and Bitcoin is likely driven by their potential as safe-haven assets during economic uncertainty. The resilience of precious metals and cryptocurrencies during market volatility has been well-documented. Additionally, the recent production commencement at ExxonMobil's Yellowtail project in Guyana's offshore Stabroek block, which boosts the country's total installed capacity to over 900,000 barrels of oil per day, may contribute to the firm's positive outlook on the energy sector [2].

In conclusion, Tony Pasquariello's recommendations for the second half of 2025 suggest a focus on technology, gold, silver, and Bitcoin. These investments are supported by Goldman Sachs' digital transformation strategies, innovation programs, and a positive outlook on ExxonMobil's financial performance. Investors and financial professionals should consider these recommendations in their investment portfolios, keeping in mind the broader economic conditions and sector-specific challenges.

References:
[1] https://www.zerohedge.com/markets/long-hedge-goldmans-hedge-fund-honcho-lays-out-market-framework-h2-2025
[2] https://www.investing.com/news/analyst-ratings/exxonmobil-stock-maintains-neutral-rating-at-goldman-sachs-93CH-4181535
[3] https://finance.yahoo.com/news/goldman-sachs-digital-transformation-analysis-090100617.html