Morningstar analyst names 2 under-the-radar global stocks with big potential

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 72%

Diageo PLC أخبار

LVMH Moet Hennessy Louis Vuitton SE,Burberry Group PLC,Hermes International SCA

'Long-term I think there is ... good potential in the adjacencies to luxury,' Jelena Sokolova says.

The luxury sector has had a tough few months, with sales of well-known names such as LVMH and Burberry hit by a decline in high-end spending. But one analyst is bullish on under-the-radar names in a segment adjacent to the luxury market. "I like the luxury space , but long-term I think there is also good potential in the adjacencies to luxury like premium food and beverages players and apparel companies," Morningstar senior equity analyst Jelena Sokolova told CNBC Pro.

" According to Factset data, of 24 analysts covering Diageo, eight give the stock a buy or overweight rating while 11 have a hold rating and five have sell calls. Their average price target is £2,599.52 , giving it 2.7% potential upside. 'Top pick' Another company on Sokolova's radar is German online retailer Zalando.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

'Long-term opportunity': Morningstar analyst names 2 luxury stocks to buy right nowAmid a broad sell-off in luxury stocks, one Morningstar analyst sees promise in the sector, revealing her top picks.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »