Core Insights - The article discusses the potential of consumer defensive stocks, highlighting those with more than 50% upside potential in the current market environment [5][10]. Group 1: Market Analysis - Michel Lerner from UBS emphasizes the importance of focusing on quality defensive stocks rather than solely on value stocks, which may carry higher risks in uncertain economic conditions [2][3]. - Defensive stocks, particularly in Europe, have underperformed, resembling trends seen during the dot-com bubble, but are now presenting more attractive valuations [3][4]. - Earnings pressures for some defensive stocks are beginning to ease, providing a hedge in a risk-on market environment [4]. Group 2: Stock Recommendations - JBS N.V. (NYSE:JBS) has an analyst upside of 51.40% with a price target set at $20 by Bank of America Securities, despite recent adjustments to EBITDA and EPS forecasts due to challenges in the US chicken market [10][11][12]. - BioHarvest Sciences Inc. (NASDAQ:BHST) shows an analyst upside of 51.52% and has entered a strategic agreement with Saffron Tech to develop saffron-derived compounds, aiming for large-scale production and direct-to-consumer marketing [13][15][16].

Group 1 - JBS N.V. is considered one of the best large-cap stocks with more than 50% upside potential [1] - JPMorgan analyst Lucas Ferreira reduced the price target for JBS N.V. to $20 from $21 while maintaining an Overweight rating [1][2] - Barclays analyst Benjamin Theurer maintained a Buy rating on JBS N.V. with a price target of $22 [3] Group 2 - The US chicken margin is expected to be challenging for JBS N.V. in the near term following a 23.5% price drop from its recent peak [2] - The industry is experiencing higher-than-expected supply due to better mortality and placements, despite anticipated price drops after summer [2] - JBS N.V. is a food company that sells pork, beef, lamb meat, and poultry products to various retail and foodservice channels [3]