This is likely to be boosted by a restocking of companies’ inventory cycle. The consensus among investors is that cyclical exposed stock is looking more favourable in 2014 than classic defensive stock.
According to S&P Capital IQ, a balance sheet snapshot of European economies reveals a capacity for future expansion, indicating that the foundations are set for a multi-year economic expansion.
The company’s top European equity picks for 2014 include a wide range of sectors. However, some investors remark that the ‘top picks’ is a selection of stocks that have already enjoyed a very good performance, and offer alternative stocks which are trading at a discount to the sector for investors looking to boost their portfolios.
