Unilever, Eurazeo, Glaxo, ACS, Nokia Enter Macquarie Top Picks
Macquarie says strategy has now positive exposure toward Defensive & Cyclical Value and Profitability, negative tilt toward Low Risk.
- New top picks: Unilever, Eurazeo, Glaxo, ACS, Nokia
- Keeps Orange, ThyssenKrupp, Royal Dutch Shell, Endesa, Peugeot, Land Securities from last month
- Mentions combination of high earnings momentum and profitability for Unilever, Eurazeo
- Cites attractive valuations for Nokia, ACS
- Highlights combination of profitability, defensive value, low risk for Glaxo