Banks and Cars Offer Value Stock Picks

Europe has been unpopular with investors this year, but fund managers are now seeing some great companies going cheap

David Brenchley 23 July, 2018 | 7:47AM
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Europe began 2018 as one of the favoured regions for many asset allocators. However, sentiment to continental equities continues to wane as we enter the second half of the year.

Last year saw European companies’ earnings beat start-of-year estimates for the first time since 2013 and earnings almost reached double digits in 2017. While GDP growth is expected to moderate going forward, it still runs at a decent pace.

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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
Allianz SE199.08 EUR0.27Rating
AXA SA23.99 EUR0.10
Daimler AG82.37 EUR0.51Rating
Renault SA32.25 EUR-1.06Rating
Volkswagen AG190.00 EUR-1.22Rating
Zurich Insurance Group AG392.30 CHF0.93Rating

About Author

David Brenchley

David Brenchley  is a Reporter for