After last year’s rally, European equities trade at elevated valuations; a strengthening EU economy and meaningful earnings growth will be the key to further appreciation. We take profits on a number of names we highlighted last fall and highlight our top three European stocks for the coming year.
Investor sentiment toward Europe remains subdued, despite signs of economic improvement and an uptick in insider buying of European equities. Here are our top stock picks to play this underappreciated recovery.
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