3 Steady Eddie Europe Stocks

With the European Central Bank taking action to prop up the eurozone economies, stable European listed stocks with an economic moat may be an attractive bet

Emma Wall 29 January, 2015 | 1:24PM
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So Mario Draghi has finally fulfilled his promise of July 2012 and done “what it takes” to prop up the eurozone economies. With the flood of cash come implications for stock markets, and opportunities for savvy investors.

But be warned – European equity investment is not risk free. For those more cautious investors we used equity database Morningstar Select to screen for European stocks with a low Fair Value Estimate uncertainty, a stable economic moat and a standard or exemplary stewardship team at the helm.

Unsurprisingly two of the names that came up – Novartis and Roche are currently slightly overvalued, but Nestle is rated as a four star stock, meaning it is trading at below its fair value. Find Morningstar equity analysts’ views on the three stocks below.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Nestle SA115.02 CHF0.21Rating
Novartis AG77.31 CHF0.89Rating
Roche Holding AG342.60 CHF0.75Rating

About Author

Emma Wall  is former Senior International Editor for Morningstar

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