Goldman picks cheap global stocks to buy ahead of a summer surge


Shopping carts outdoors a Carrefour SA hypermarket in Avignon, France, on Friday, Jan. 15, 2021.

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Goldman Sachs is anticipating a sturdy rebound in European stocks as Covid-19 vaccines are distributed, giving buyers a likelihood to money in on a area its analysts say is cheaper than the U.S.

“Europe stays at a sharp low cost to the U.S. market,” analysts led by Sharon Bell mentioned in a notice Monday. “The Euro space will rebound sharply into the summer.”

In the notice entitled “What to buy as Europe catches up,” the analysts suggested buyers to go “lengthy” on Goldman’s Domestic Euro space basket of stocks, which means they count on it to rise in worth.

Here are some of Goldman’s prime inventory picks:

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