Stocks to buy, April 22 -- Global brokerage firm UBS, in its latest note, has upgraded ratings on select group of stocks in the consumer sector-including Colgate, Trent, HUL and ITC- and retained its bullish view on other stocks such as Avenue Supermarts and GCPL as it believes the sector is poised for a strong rebound in the current fiscal year.

The FMCG sector's share price weakness has been exacerbated by cyclical headwinds to demand and margins in recent years, but UBS expects these to recede in FY26E. As per the brokerage, the recovery is expected to be driven by earnings growth, attractive valuations, and the resolution of structural challenges.

UBS sees the input price cycle and base effects broadly turning favorable in FY26. Inc...