Stock Bulls Turn to Europe for Cheap Alternative to Magnificent Riches
2 min read
For European stocks, the year started like much of the past decade — a struggle to keep up with gains on Wall Street. But now some investors say the familiar pattern is about to be challenged.
Author of the article:
Published Feb 17, 2024 • 3 minute read
Article content
(Bloomberg) — For European stocks, the year started like much of the past decade — a struggle to keep up with gains on Wall Street. But now some investors say the familiar pattern is about to be challenged.
Strategists at Goldman Sachs Group Inc. and MFS Investment Management are among those talking up Europe’s prospects. After being out of favor with investors for so long, stock valuations look enticing compared with their pace-setting US peers. Plus, there’s no threat of Magnificent Seven tech bubble popping.
Advertisement 2
Bloomberg News
2024-02-17 03:53:09
All news and articles are copyrighted to the respective authors and/or News Broadcasters. VIXC.Com is an independent Online News Aggregator
Read more from original source here…
