2022/06/29 / Erste Group Research |
Global Equity Ratings |
Health Care and Consumer Staples Stocks preferred The global equity market index fell -11% in EUR terms in Q2. On July 14, JP Morgan starts the Q2 reporting season. Corporate earnings should be much lower this year (y/y) due to exceptionally high profits last year. Only energy companies should see very strong earnings growth (+220% y/y). Excluding US energy company earnings, US 2Q earnings would fall -1.8% (y/y) instead of rising +5.8% (y/y). We expect the global equity market to move sideways in 3Q. Volatility should remain high. Equities from the energy and consumer staples sectors, as well as regionally from emerging markets, have the most attractive risk/reward profile. Recommendation changes: Nestle, Sanofi, Colgate-Palmolive, Rio Tinto, Freeport-McMoRan, Baidu, Tencent, Alibaba, Costco Wholesale. NVIDIA: 1Q revenue record with +46% increase (y/y) |
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Author | Erste Group Research |
Date | 2022/06/29 |
Product type | weekly / bi-weekly |
Product name | Recommendation List |
Topic in focus | Equities |
Language | |
Market cap | - |
Availability | All [1] |
Download |
Name | ISIN | # Erste Group products |
Walt Disney | US2546871060 | 0 |
Walmart | US9311421039 | 0 |
Volkswagen | DE0007664039 | 4 |
Visa | US92826C8394 | 0 |
Vinci | FR0000125486 | 0 |
Vestas Wind Systems | DK0010268606 | 0 |
Vertex Pharmaceuticals | US92532F1003 | 0 |
Verizon | US92343V1044 | 0 |
Vale | BRVALEACNOR0 | 0 |
UnitedHealth Group | US91324P1021 | 0 |
Unilever | GB00B10RZP78 | 0 |
UniCredit | IT0005239360 | 0 |
UBS | CH0244767585 | 0 |
Toyota Motor | JP3633400001 | 0 |
TotalEnergies | FR0000120271 | 0 |
Tokyo Electron | JP3571400005 | 0 |
Thermo Fisher Scientific | US8835561023 | 0 |
Tesla | US88160R1014 | 0 |
Tencent | KYG875721634 | 0 |
Taiwan Semiconductor | TW0002330008 | 0 |
T-Mobile US | US8725901040 | 0 |
Starbucks | US8552441094 | 0 |
Southern Co | US8425871071 | 0 |
Siemens | DE0007236101 | 0 |
Shell | GB00B03MLX29 | 0 |
ServiceNow | US81762P1021 | 0 |
Schneider Electric | FR0000121972 | 0 |
SAP | DE0007164600 | 4 |
Sanofi | FR0000120578 | 0 |
Samsung Electronics | KR7005930003 | 0 |
Ryanair | IE00BYTBXV33 | 0 |
RWE | DE0007037129 | 3 |
Royal Bank of Canada | CA7800871021 | 0 |
Roche Holding | CH0012032113 | 0 |
Rio Tinto | GB0007188757 | 0 |
Qualcomm | US7475251036 | 0 |
Procter & Gamble | US7427181091 | 0 |
Pfizer | US7170811035 | 0 |
PepsiCo | US7134481081 | 0 |
Oracle | US68389X1054 | 0 |
NVIDIA | US67066G1040 | 0 |
Novo Nordisk | DK0060534915 | 0 |
Novartis | CH0012005267 | 0 |
Nike | US6541061031 | 0 |
NextEra Energy | US65339F1012 | 0 |
Netflix | US64110L1061 | 0 |
Nestle | CH0038863350 | 0 |
Morgan Stanley | US6174464486 | 0 |
Mondelez | US6092071058 | 0 |
Microsoft | US5949181045 | 0 |
Meta Platforms | US30303M1027 | 0 |
Merck & Co | US58933Y1055 | 0 |
Mercedes-Benz Group | DE0007100000 | 2 |
McDonalds | US5801351017 | 0 |
Mastercard | US57636Q1040 | 0 |
LVMH | FR0000121014 | 0 |
LOreal | FR0000120321 | 0 |
Kone | FI0009013403 | 0 |
Kering | FR0000121485 | 0 |
JPMorgan | US46625H1005 | 0 |
Johnson & Johnson | US4781601046 | 0 |
Intuitive Surgical | US46120E6023 | 0 |
Intuit | US4612021034 | 0 |
Intel | US4581401001 | 0 |
Infosys | INE009A01021 | 0 |
Infineon | DE0006231004 | 3 |
Inditex | ES0148396007 | 0 |
ICICI Bank | US45104G1040 | 0 |
IBM | US4592001014 | 0 |
HSBC | GB0005405286 | 0 |
Home Depot | US4370761029 | 0 |
GlaxoSmithKline | GB0009252882 | 0 |
General Motors | US37045V1008 | 0 |
Exxon Mobil | US30231G1022 | 0 |
Equinor | NO0010096985 | 0 |
Eli Lilly | US5324571083 | 0 |
Edwards Lifesciences | US28176E1082 | 0 |
Diageo | GB0002374006 | 0 |
DHL Group | DE0005552004 | 0 |
Deutsche Telekom | DE0005557508 | 0 |
Deutsche Boerse | DE0005810055 | 0 |
Deutsche Bank | DE0005140008 | 4 |
Deere & Co | US2441991054 | 0 |
Danone | FR0000120644 | 0 |
Daikin Industries | JP3481800005 | 0 |
ConocoPhillips | US20825C1045 | 0 |
Coloplast | DK0060448595 | 0 |
Colgate-Palmolive | US1941621039 | 0 |
Coca-Cola | US1912161007 | 0 |
Citigroup | US1729674242 | 0 |
Cisco | US17275R1023 | 0 |
Cie Financiere Richemont | CH0210483332 | 0 |
China Construction Bank | CNE1000002H1 | 0 |
Chevron | US1667641005 | 0 |
Caterpillar | US1491231015 | 0 |
Bristol-Myers Squibb | US1101221083 | 0 |
BP | GB0007980591 | 0 |
Booking Holdings | US09857L1089 | 0 |
BNP Paribas | FR0000131104 | 0 |
BMW | DE0005190003 | 5 |
BHP Group | GB00BH0P3Z91 | 0 |
Beiersdorf | DE0005200000 | 0 |
Bayer | DE000BAY0017 | 0 |
BASF | DE000BASF111 | 2 |
Bank of America | US0605051046 | 0 |
AT&T | US00206R1023 | 0 |
ASML | NL0010273215 | 0 |
Apple | US0378331005 | 0 |
Anheuser Busch Inbev | BE0974293251 | 0 |
Amgen | US0311621009 | 0 |
AmBev | BRABEVACNOR1 | 0 |
Amazon.Com | US0231351067 | 0 |
Amadeus IT Group | ES0109067019 | 0 |
Alphabet | US02079K3059 | 0 |
Allianz | DE0008404005 | 0 |
Alibaba | US01609W1027 | 0 |
Advanced Micro Devices | US0079031078 | 0 |
Adobe | US00724F1012 | 0 |
Adidas | DE000A1EWWW0 | 3 |
AbbVie | US00287Y1091 | 0 |
Abbott Laboratories | US0028241000 | 0 |
ABB | CH0012221716 | 0 |
- | US0567521085 | 0 |
- | CH0024608827 | 0 |
- | US2788651006 | 0 |
- | CH0030170408 | 0 |
- | DE000ENAG999 | 0 |
- | US5184391044 | 0 |
- | GB00BH4HKS39 | 0 |
- | US3696041033 | 0 |
- | CH0418792922 | 0 |
- | GB00BZ09BD16 | 0 |
- | NL00150001Q9 | 0 |
- | US70450Y1038 | 0 |
- | US88579Y1010 | 0 |
- | IE00BZ12WP82 | 0 |
- | PTEDP0AM0009 | 0 |
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