The Globe and Mail reports in its Friday edition that Goldman Sachs chief U.S. equity strategist David Kostin detailed a remarkable shift in U.S. equity performance attribution. The Globe's Scott Barlow writes that a year ago, macroeconomic factors such as interest rates and GDP growth accounted for 69 per cent of stock market returns. This year, individual company news dominates, responsible for 71 per cent of returns. Mr. Kostin writes that in the current environment, "The best stock-picking opportunities arise in sectors where returns are driven by micro [company specific] factors and where the typical firm in the sector carries a high level of firm-specific risk." He screened the S&P 500 for 25 examples of these opportunities. Names most likely to interest Canadian investors include Moderna, Netflix, Norwegian Cruise Lines Holdings, Paramount Global, Bath & Body Works, and Tesla.