France, retail, beverage stocks: Brazil brokerage picks World Cup favourites
Brazilian brokerage XP has analyzed the upcoming World Cup, highlighting retail and beverage stocks as potential investment favorites. Their model predicts a 9% chance for France to win the tournament, while rival Goldman Sachs places Spain in the lead with a 26% probability. The World Cup is expected to boost various sectors, particularly in Brazil, with companies preparing for increased demand during the event.
- ▪XP's model predicts a 9% chance for France to win the World Cup, followed by Spain at 6.4%.
- ▪Goldman Sachs has a different forecast, giving Spain a 26% chance of winning.
- ▪The World Cup is expected to generate significant economic activity, particularly in retail and beverages.
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