HSBC believes companies will reinvest gross margin benefits ...
HSBC believes companies will reinvest gross margin benefits into demand-generating initiatives. Bud Light's recovery is not anticipated by them, but stock potential is seen. Nestle is foreseen to have continued growth with more margin progression. Diageo's value compared to competitors is deemed historically low.
Anheuser-Busch, Coca-Cola, Nestlé and Diago Eyed as Top Consumer Staples Picks for 2024
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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