Investing in growth stocks with the most potential upside is a challenging task. However, Goldman Sachs Group, Inc. (GS) has a unique and straightforward approach to identifying tomorrow’s market champions – the “Rule of 10”. This rule is based on finding companies that can consistently grow their revenues by at least 10%, a criteria that only a select few companies within the S&P 500 are able to meet.
The “Rule of 10” was developed by Goldman Sachs as a way to identify the next generation of high-flying stocks that have the potential to outperform the market. By analyzing companies that have consistently grown their revenues by 10% or more, Goldman Sachs aims to uncover the hidden gems in the stock market that may have been overlooked by other investors.
In early 2025, 21 S&P 500 companies met Goldman Sachs’ income requirements and were considered as potential candidates for future growth. These companies have demonstrated a track record of consistent revenue growth and are expected to continue to do so in the coming years.
The so-called “Magnificent Seven” – which includes companies such as Alphabet Inc. (GOOGL), Amazon.com Inc. (AMZN), and Apple Inc. (AAPL) – have been used as a blueprint for identifying companies with the most potential for future growth. By analyzing the success of these companies, Goldman Sachs is able to create a screen that highlights the future engines of stock market development.
To meet the criteria of the “Rule of 10”, companies must be listed on the S&P 500 Index, have experienced at least 10% revenue growth in the last two years, and be expected to continue growing their revenues by at least 10% in the current year and the following two fiscal years. Companies that meet these strict requirements are considered as potential candidates for future outperformance.
As of January 28, 2025, several S&P 500 companies have passed the “Rule of 10” test, including companies like Alphabet, Amazon, Synopsys Inc. (SNPS), Visa Inc. (V), and Intuitive Surgical (ISRG). These companies have demonstrated a strong track record of revenue growth and are expected to continue their upward trajectory in the coming years.
In conclusion, Goldman Sachs’s “Rule of 10” is a valuable tool for identifying the next wave of market champions within the S&P 500. While it is not a definitive list for making investment decisions, it serves as a starting point for investors looking for promising growth stocks. By focusing on companies that have a history of consistent revenue growth and strong future prospects, investors can potentially uncover the next big winners in the stock market.