The stocks Goldman gives over 70% upside in its list of top picks
CNBC••entertainment
Key Points:
- Goldman Sachs has identified five European stocks with potential upside of at least 70% over the next 12 months, led by U.K. fuel cell manufacturer Ceres Power with a projected 147% gain.
- German online retailer Zalando is expected to see a 78% upside, down from 90% last month, supported by growth from its About You acquisition despite a 23% share price decline over the past year.
- Electronics manufacturer Hon Hai is rated for a 75% upside due to growth in AI servers and smartphones, even as its stock has fallen over 25% in the last 12 months.
- U.K. finance firm Wise is projected for a 72% gain, with analysts anticipating improved
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