Goldman Sachs believes in Europe

So Goldman Sachs analysts have chosen a number of companies in several different sectors as their European first choices.

In the banking sector, the French bank chooses Crédit Agricole, German Commerzbank and Dutch ABN Amro, among others. In the travel and leisure category, Goldman has stuck with French lottery operator La Francaise Des Jeux, and in construction for similar French companies Vinci and Boeing.

In the energy and energy sectors, Goldman Sachs favors the French companies EDF, Engie, Italian Hera, Italgas and the Spanish company Enagas.

On the telecom front, the bank selects Telecom Italia, the Belgian operator Proximus and the French operator Iliad.

In retail, Goldman Sachs spotlights French grocery giant Carrefour, as well as German online fashion retailer Zalando.

“The European Union vaccination program got off to a slow start compared to programs in the United States and the United Kingdom: the number of infections increased in many countries in Europe and the suspensions were reapplied in some countries.” … / After the next few weeks, however, our economists expect A strong recovery in Europe, and their belief is actually rising that the Eurozone will recover sharply in the summer, ”the bank analysts write.

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