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Goldman says to pick stocks in 2022 with high margins, low labor costs

A trader wears “2022” glasses while working on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Dec. 31, 2021.
Michael Nagle | Bloomberg | Getty Images

2022 is expected to be see lower stock returns, as companies continue to face rising inflation that could eat into their profit margins. But Goldman Sachs said some companies should be immune to higher labor costs and are expected to produce high revenue growth and strong margins.

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