What happens to stocks if AI loses momentum?
Investing.com -- Tele2 (ST:TEL2b) and Wise (LON:WISEa) PLC were added to the European Conviction List, as Adyen (AS:ADYEN) and Tesco (OTC:TSCDY) were removed from the same list.
Analysts see a positive outlook for Tele2, with expectations of significant price increases in the Swedish market throughout 2025. The company is also anticipated to achieve faster bottom-line growth than its peers, driven by its focus on cost-cutting and efficiency improvements.
Wise, known for its best-in-class technology, is expected to continue gaining market share in its core cross-border payments market. Analysts highlight Wise’s efforts to reduce costs for end customers and note the strong customer engagement with the Wise Account. The firm is also recognized for its revenue diversification strategies.
The upcoming months are considered to be filled with potential catalysts for Wise, starting with its customer conference on May 13, 2025. Other key events include the announcement of full fiscal year results on June 5, the first-quarter trading statement for 2026 on July 17, and a possible update regarding the company’s inclusion in the FTSE 100 index.
Both Tele2 and Wise are now part of an exclusive list of stocks that demonstrate strong conviction from analysts regarding their market performance and growth potential. The changes reflect the ongoing assessments of market opportunities and company strategies by industry experts.
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