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These stocks could fly as Europe’s Covid-19 reopening gathers pace, Goldman says

Europe is reopening at its fastest rate this year. Can investors cash in?

As Europe reopens apace, domestic-focused businesses such as H&M may see a nearer-term recovery, according to analysts at Goldman Sachs
As Europe reopens apace, domestic-focused businesses such as H&M may see a nearer-term recovery, according to analysts at Goldman Sachs Photo: Budrul Chukrut//Getty Images

Analysts at Goldman Sachs have tipped a group of stocks to take off as Europe emerges from widespread Covid-19 lockdowns.

The analysts tracked data from across Europe to gauge international and domestic levels of economic activity. This included flight searches, airport traffic, road traffic, restaurant bookings, retail sales and ATM transaction values.

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