Bloomberg reports that according to Goldman Sachs Group Inc., the backdrop of interest rates remaining low to aid slowing economic growth supports maintaining longer-term positions in high quality, secular growth stocks.

“The persistently low overall level of interest rates that our economists expect, and their forecast for real GDP growth that should decelerate to a below-trend pace of 1.5% by the end of next year, should continue to support profitable long duration stocks with high quality attributes,” Goldman strategists wrote in a note. 

Goldman strategists favor shares with good profit margins and stable earnings over the longer term such as Tesla Inc., Uber Technologies Inc. and Netflix Inc., according to a note. Short-duration stocks including eBay Inc., Cigna Corp. and Kraft Heinz Co. should tactically outperform if rates rise, they said.