Goldman Urges Buying 5 Dip Stocks as Alibaba EPS Seen Rising 64%

3 articles · Updated · CNBC · Sep 5

Goldman Sachs flagged five recent laggards—Alibaba, Ulta Beauty, Burlington, Aecom and Viking—as buy-the-dip opportunities despite sector-specific setbacks and weak share performance.
Alibaba anchors the list: Goldman expects FY27 and FY28 EPS growth of 64% and 33%, driven by stronger China cloud growth, AI leadership and recovering e-commerce profits.
Ulta and Burlington are down about 7% and 8% this year after investor worries over promotions, slower sales and mixed results, but Goldman says market-share gains, margins and store productivity support earnings.
Viking has dropped 20% in the past month, with low European river levels a near-term drag, yet Goldman still sees pricing power and capacity growth through 2H26 and into 2027.
Aecom rounds out the call, with Goldman arguing its de-rating over AI disruption fears and legacy project claims has gone too far.