Disruptor Stocks Grabbing Profit in Europe

Europe's traditional stocks look like value traps, according to Carmignac. Disruptive firms ASOS and Delivery Hero offer better returns, despite their expense

David Brenchley 25 July, 2018 | 12:21AM
Facebook Twitter LinkedIn

ASOS, ASOS share price, online fashion, stock picks, Carmignac

Investors should not get too excited by earnings growth in Europe and instead beware the plethora of value traps, according to Carmignac’s Malte Heininger.

After a bullish outlook at the beginning of the year, investors have begun to abandon European stocks as trade war rhetoric combines with political instability to create a worrying macro backdrop.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

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.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
adidas AG275.10 EUR0.00
ASML Holding NV676.30 EUR0.00Rating
ASOS PLC2,394.00 GBP0.00Rating
Delivery Hero SE112.45 EUR0.00
Facebook Inc A324.76 USD0.00Rating
Just Eat Takeaway.com NV69.67 EUR0.00Rating
LVMH Moet Hennessy Louis Vuitton SE664.80 EUR0.00Rating
Netflix Inc628.29 USD0.00Rating
Puma SE101.35 EUR0.00
Spotify Technology SA247.40 USD0.00Rating
Wayfair Inc Class A242.33 USD1.07Rating
Zalando SE79.68 EUR0.00

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk