Our Equity Top Pick List
Related content
Commodities - Technical Analysis
Gold and silver continued their downward trend, bouncing off key levels. Until their downward trends are broken, they will not be able to produce a significant rise. The fall in oil prices reversed from the $87.5 level and began a slight upward movement. Natural gas remained in an uptrend; a significant rise could even occur if it breaks out upwards. The price of copper has become stuck in a wider range, so the oversold and overbought zones may offer more favourable trading opportunities. The falling prices of wheat and corn have reached key support levels; a buying reaction from these levels could present favourable long opportunities with limited risk.
Our Fixed Income Top Picks
The rise in yields seen over recent months has created a new environment across global fixed-income markets. With U.S. 10-year Treasury yields above 5%, increasing fiscal concerns in France, and corporate credit spreads remaining historically tight, the importance of selection has increased. In our latest top pick list, we highlight bonds that may offer attractive risk-adjusted return potential as part of a suitably diversified portfolio.
We have updated our Equity Top Pick List to reflect the events of the past quarter. The list includes those stocks, typically US and European ones, that we consider to be proper investment choices from a fundamental point of view. It can provide a starting point for building a sector-diversified equity exposure in portfolios, but can also be used as a watch list. Technical analysis should be used to time / determine the specific investment decision.
Given the fundamental selection process, the stocks on the list should be treated as longer-term investment opportunities, but are reviewed on a quarterly basis to check whether the stock is on track with our original expectations or whether there is a sector peer with a better risk/return profile. We note that our latest Investment Outlook recommends neutral overall exposure to the equity asset class.
We have recently removed Novo Nordisk from our list as the company presented a disappointing strategy for the coming years at its Capital Markets Day. At the same time, we have added two new names to the list, specifically Südzucker, one of the world's largest sugar producers, and Take-Two, a leading player in the video game market, which will publish GTA 6 in November, one of the most anticipated video games in history. The latest analyses of the companies still on our Equity Top Pick List are available at the links below:
Get more out of your investments!
Global Markets Services
OTP Global Markets offers a broad range of services in the field of local and international money and capital markets.
Read morePrivate Banking Services
Personal care and expertise with OTP Private Banking, along with the knowledge, security, and innovations of a multinational banking group.
Read more