Goldman Names Loar, ConocoPhillips Conviction Picks After 19% 4Q25 Revenue Growth, Maintains Gold Bullish Stance
Goldman Sachs added Loar Holdings and ConocoPhillips to its March conviction list, citing Loar’s $250 million Harper acquisition, 19% 4Q25 revenue growth to $131.8 million and 26-cent EPS beat, and ConocoPhillips’ $2.1 billion Norway restart plus $2 billion Permian asset sale. The firm forecasts gold gains, citing geopolitical tensions driving demand and ETF inflows.
1. Conviction List Additions
Goldman Sachs placed aerospace supplier Loar Holdings and oil giant ConocoPhillips on its March conviction list, highlighting them as top HALO stocks with strong asset bases and lasting economic relevance.
2. Loar Holdings’ Performance
Loar completed its $250 million Harper acquisition in January, boosting 4Q25 revenue by 19% to $131.8 million and delivering a non-GAAP EPS of $0.26, outpacing forecasts by $0.07 per share.
3. ConocoPhillips’ Growth Projects
ConocoPhillips plans a $2.1 billion Norway restart project covering three fields and 11 wells, and is exploring a $2 billion sale of Permian Basin assets to streamline its portfolio.
4. Gold Bullish Outlook
Goldman forecasts further gold gains, citing geopolitical tensions driving demand and ETF inflows as uncertainty rises, framing the metal as a preferred safe-haven asset.