Goldman Sachs just refreshed its conviction lists of global stocks — giving one 64% upside

Goldman Sachs has refreshed its lists of top global stock picks for September, adding some and removing others. The stocks are featured in the investment bank's "Conviction List - Directors' Cut," which aims to offer investors a "curated and active" list of 15 to 25 buy-rated stocks. Stocks on the list are selected by a subcommittee designated by the bank's Investment Review Committee for each region.

Sumitomo Mitsui Financial Group Japanese bank Sumitomo Mitsui Financial Group was another stock that made Goldman's list. The bank's analyst Makoto Kuroda likes the company as it "continues to see tailwinds from renewed growth and interest rate normalization in Japan, improvement in corporate governance and , and good profit momentum.

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