Goldman listed a raft of 'out-of-consensus buy ideas' in Europe and gives them all major upside potential.
Goldman Sachs has named several European stocks to buy that it expects to outperform the market — and that other investors could be missing. "Markets have grappled with balancing growth and inflation concerns [year to date]," the analysts led by John Sawtell stated in a July 10 research note. "From here, our strategists expect 'fat & flat' equity returns, constrained by high valuations and higher-for-longer rates.
" Analyst Michele Della Vigna likes the stock for its strong growth outlook and focus on the North American market. Goldman also picked wind power company Vestas , saying its stock could rise by 48% over the next year. "[Analyst] Ajay Patel sees Vestas as the best-positioned company in his wind manufacturer coverage, set to benefit from rising wind installation demand, with strong fundamentals , owing to its geographical diversification and scale," the bank's note stated.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
80% of customer power restored as Wildwood outage extends past 24 hoursDespite working round the clock, officials say the fix is complicated.
Read more »
Wings hand Aces their second loss of season 80-78Natasha Howard made two free throws with less than a second to play and the Dallas Wings handed the Las Vegas Aces just their second loss, pulling out an 80-78 win before a sell-out crowd on Friday night.
Read more »
Web3 venture funding dropped 80% in first quarterVenture funding for web3 fell 80% in the first quarter of 2023 from the same quarter a year earlier, according to K33 Research.
Read more »
Fears of a recession as inflation is not slowingThe latest financial reports released this week revealed that inflation-fighting efforts have not slowed inflation as much as it should have.
Read more »