The 2023 S&P 500 is unlikely to fully recover from its 18% drop in 2022, according to Goldman Sachs. David Kostin, chief U.S. equity strategist at Goldman Sachs, said in a soft-landing scenario, or if the Federal Reserve can keep inflation in check and slow the economy without slipping into recession, earnings will likely rise. We expect zero growth and modest to flat earnings this year. said in a note on Wednesday. “Our valuation model suggests that the P/E remains unchanged at 17 times his, and the index ends the year at 4,000,” he said in the report. Along with that, Goldman released several names that analysts expect to see above-average earnings growth this year. Here are 10 of his stocks. The consumer discretionary sector shows the biggest earnings growth prospects, with Goldman pointing out that he is forecast to grow 20%. He is followed by financial stocks, whose earnings are expected to increase by 12%. T-Mobile tops the list for the fastest expected revenue growth, with his 239% in 2023. Cellular service has gained some favor on Wall Street at the start of the year. It also appeared on the CNBC Pro list of low volatility stocks rated buy by the majority of analysts covering the company. This week, Citigroup also called it a defensive pick with “strong operating momentum and an opportunity to deliver merger-related synergies.” Investors should expect strong earnings from Tesla, too, according to Goldman. The electric car maker reported a weaker-than-expected fourth quarter on Monday, sending shares plummeting. But given the company’s growth prospects, the decline caught the eye of others on Wall Street. Disney is another company to appear in the analyst’s top picks for the New Year this week. After his 44% drop in 2022, analysts are optimistic about his Bob Iger return as CEO. Goldman expects the media and theme park company’s earnings to rise 35% this year.