A customer selects bar of Dove soap, a Unilever product, at a Sainsbury’s supermarket in London, U.K.
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Goldman Sachs has named a slew of consumer stocks that could rally alongside the reopening of the global economy following the coronavirus pandemic.
In a research note last week focused on European stocks, the investment bank noted that a handful of consumer staples — i.e. companies whose products tend to always be in demand, even in times of economic downturns — could be about to see significant price gains. This despite expectations of rising inflation that is often viewed as a dampener on demand for consumer goods.
Here’s a list of the 13 stocks, all buy-rated by Goldman Sachs: