Live Markets: How to play the 'laggard trade' going into 2025

Jcdecaux SE

05/12/2024 11:02

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    HOW TO PLAY THE 'LAGGARD TRADE' GOING INTO 2025
    With the turn of the year getting closer, investors are screening the market for possible
opportunities that could become successful trades during 2025.
    One way of doing so is through the so called "laggard trade", in which stocks that performed
poorly in the previous year tend to become leaders in the first months of the new year.
    Goldman Sachs believes investors need to be more selective in picking these laggards this
time around given their choppy performance in recent years. 
    As a results, the U.S. bank has applied a fundamental analysis approach to single out its
picks. Its highlights are Zegna  JN0.F , BP  BP.L , Straumann  STMN.S  (differentiated buy
ideas); Neste  NESTE.HE , Glencore  GLEN.L , DHL  DHLn.DE  (out of consensus buys); Infineon
 IFXGn.DE , LVMH  LVMH.PA , JCDecaux  JCDX.PA  (growth at reasonable price); Heineken  HEIN.AS ,
JD Sports  JD.L , Edenred  EDEN.PA  (FCF improvers); along with BESI  BESI.AS , L'Oreal
 OREP.PA  and Sika  SIKA.S  (quality laggards).
    
    (Danilo Masoni)
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    EARLIER ON LIVE MARKETS:
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