JPMorgan Sees European Stock Upside in Banks and Chemicals Beyond Tech
Updated
Updated · Bloomberg · Jun 17
JPMorgan Sees European Stock Upside in Banks and Chemicals Beyond Tech
1 articles · Updated · Bloomberg · Jun 17
Summary
Hugh Gimber said JPMorgan sees “ample opportunities” in European equities, steering investors beyond technology toward sectors he believes still have room to rise.
Banks were his clearest pick, with Gimber saying the sector has further upside after recent gains.
Chemicals also stand out, he said, because their heavy energy use makes them an early place to look when markets are pricing an energy shock.
The call points to a broader rotation case in Europe, where sector opportunities may be driven more by macro and energy dynamics than by tech leadership alone.