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Barclays names 2 global stocks with over 100% upside to play right now


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Barclays names 2 global stocks with over 100% upside to play right now

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Barclays is broadly bullish on the ********* market, saying margins are on the whole “resilient, capital returns are strong, firms are optimistic and EPS revisions have picked up. Cyclicals are seeing more upgrades, but defensives have outperformed in the recent rally.” Europe’s Stoxx 600 dipped in the last few days, but had been climbing since the start of the year. The benchmark is up by 9.6% year-to-date and 15.2% in the past year. The bank’s analysts observe that the “growth/policy mix in Europe is getting more favorable,” with green shoots emerging across sectors like real estate, construction, consumer plays, financials and small-caps. — CNBC’s Michael Bloom and Jenni Reid contributed to this report.





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BP PLC,London Stock Exchange Group PLC,STOXX 600,Barclays PLC,London,business news
#Barclays #names #global #stocks #upside #play

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