Goldman Sachs has named several European stocks to buy that it expects to outperform the market — and that other investors could be missing. "Markets have grappled with balancing growth and inflation concerns [year to date]," the analysts led by John Sawtell stated in a July 10 research note. "From here, our strategists expect 'fat & flat' equity returns, constrained by high valuations and higher-for-longer rates.
" Analyst Michele Della Vigna likes the stock for its strong growth outlook and focus on the North American market. Goldman also picked wind power company Vestas , saying its stock could rise by 48% over the next year. "[Analyst] Ajay Patel sees Vestas as the best-positioned company in his wind manufacturer coverage, set to benefit from rising wind installation demand, with strong fundamentals , owing to its geographical diversification and scale," the bank's note stated.