Goldman Sachs Selects European Equities In 2021 As ‘Coil Spring’



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A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange.

Brendan McDermid | Reuters

LONDON – Goldman Sachs analysts have identified their best “alpha” opportunities in Europe, highlighting three stocks that are expected to outperform as revenue growth resumes next year.

The Wall Street bank believes investors should position themselves for a strong rebound in global activity starting in the second quarter of 2021, with policymakers poised to ease stringent public health measures as coronavirus vaccines become widely available.

It is hoped that the launch of a safe and effective vaccine will help end the coronavirus pandemic that has claimed more than 1.5 million lives worldwide and has hit the global economy hard.

“After a period of heightened uncertainty, the US election result and positive news flow on the Covid-19 vaccine have resulted in a sharp upward movement in the markets,” Goldman Sachs analysts said in a published research note. on December 1st.

“After the rally, we highlight our best alpha opportunities, both in terms of stocks to buy and in terms of lagging, leveraging the fundamental views of our industry analysts.”

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