Campari CPRI.MI>, Enel, FinecoBank, Iveco, and UniCredit are the "best 2025 picks" for Equita to overweight in portfolios this year.

This is according to a report by the broker, which among mid-caps, selects Antares Vision Fiera Milano, Lottomatica, Moltiply, Technogym and Technoprobe as Best Picks 2025.

These stocks will be twice as overweight as the others," the report says.

The broker adds that it is "overall overweight" on financials, which are supported by fundamentals that are expected to remain strong in 2025, accelerating fee growth that will offset declining net interest income, and the consolidation process.

In the utilities sector Equita is "neutral" with Enel and A2A as favorites and "slightly overweight" in the Energy sector, with a preference for Tenaris and Maire or for stocks characterized by particularly attractive remuneration such as Eni.

The broker is neutral on the luxury sector and maintains a selective approach in the industrial sector, "favoring stocks with exposure to infrastructure investments especially in the U.S., such as Buzzi and Webuild."

The broker's position also remains neutral on technology. "We are overweight in the Healthcare sector (Amplifon, DiaSorin, Recordati)," the report concludes.

(Giancarlo Navach, editing Gianluca Semeraro)