Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

GOLDMAN: These Are The 19 Most Overpriced Stocks In The Market

Akin OyedeleOct 7, 2014, 21:04 IST

The S&P 500 and Dow Jones indexes have hit all-time highs in recent weeks.

According to Goldman Sachs' David Kostin, this 5-year old bull market has further to run.

But even Kostin and his team believe some stocks are trading way above fair value.

In his new quarterly chartbook, Kostin lists 40 stocks that are the most overpriced in the market relative to Goldman Sachs analysts' price targets.

Tech companies dominate this list.

What follows are the 19 stocks that Kostin says have at least a 15% downside relative to their recent prices.