Goldman Sachs said this week that there are a bunch of stocks that are poised for long-term growth. These five companies are all coming off of quarterly results, and analysts say they have attractive upside for patient investors. CNBC Pro combed through the top Wall Street research to find some of Goldman’s top buying opportunities following earnings. They include: Pepsi, Alcoa , Wolfspeed , Tesla and BlackRock . Pepsi The beverage giant is firing on all cylinders if the company’s third-quarter earnings report earlier this month is any indication, according to Goldman Sachs. “PEP reported yet another impressive quarter with a strong beat on both the top and bottom lines driven by the strength of its portfolio and underlying momentum in its businesses,” analyst Bonnie Herzog said. The firm said in a note that Pepsi’s strong organic revenue growth continues to impress and that the stock is one of the most attractive in Goldman’s coverage. Pepsi also has immense pricing power and the durability of its brand portfolio can’t be understated, she added. In addition, Pepsi’s Frito-Lay brand and its energy drinks division are showing signs of accelerating share gains, Herzog said. “PEP, and the broader beverage universe, continues to benefit from strong underlying demand with little changes in consumer elasticities…” she noted. Herzog said management is also maintaining the right balance between productivity, cost initiatives and profitable growth. “PEP remains very well positioned given its strong brand portfolio and long-term growth opportunities in Beverages,” she wrote. Shares are up 4.9% this year Alcoa Goldman analyst Emily Chieng is standing by Alcoa, the aluminum and metals producer. Shares are down nearly 34% this year, and the company is coming off a disappointing third-quarter earnings miss last week. The culprit was higher-than-expected raw materials costs, according to the firm. Chieng acknowledged that challenges remain, but she also said the buying opportunity is too attractive to ignore. Chieng highlighted Alcoa’s management, writing that they’ve taken the right steps to leave the company well positioned with numerous levers to pull. The balance sheet is robust with over $1 billion in cash on hand, she said. “Despite the aforementioned cost pressure, the years-long mission to weather-proof the business through various investment cycles does allow Alcoa’s management team more strategic flexibility,” she wrote. The stock is well priced for…
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