Looking at the sectors best positioned in Europe since the announcement of the final cure at Covid-19, we find transport, diversified finance, airlines and mining, followed by financial sectors and in the United States, energy and insurance.
The vaccine will also play a major role in the alcoholic beverage sectors. Analysts in the Swiss group identify the alcoholic beverages sector as particularly advantageous because it trades cheaply with food manufacturers and is a relatively cyclical asset providing indirect exposure to the global market.
In this respect, Pernod Ricard, Heineken and Carlsberg are the preferred and most recommended names and are covered by an outperform rating.
The insurance sector, with Axa, could also be an area where a rise is worth expecting. The mining sector, which will benefit from further standardisation of industrial production (Anglo American in light), is also worth keeping an eye on. Pharmaceuticals and household products are also good.
Among the stocks, CS experts point to names that have a negative correlation with infections and trade cheaply (Whitbread, Axa, Intesa).