Reconsider investing in Europe with these ‘very attractively priced' stocks, fund manager says [CNBC]
Mattel, Inc. (MAT)
Last mattel, inc. earnings: 2/13 04:05 pm
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Source: CNBC
“Maybe the euro falls apart, it probably doesn't. And the companies that we own are very attractively priced,” Peche told CNBC's Silvia Amaro. Peche remains bullish on mid-cap firms including BNP Paribas and ABN Amro in Europe, and U.S. toymaker Mattel. Investors should look to the unloved region of Europe for opportunities, according to fund manager Sean Peche, who said there are some “very attractively priced” companies in the region. Europe has fallen out of favor, Ranmore Fund Management's Peche told CNBC's Silvia Amaro — and investors have been distracted by Donald Trump's U.S. election win. “At the same time as Europe's been struggling you've had this Trump euphoria,” Peche said. “So everyone's been rushing to invest in the U.S. ... But running off to the latest, shiniest thing is not normally a good way to make money.” Peche shrugged off investor concerns over France, which — along with Germany — has been in the throes of political turmoil in recent weeks. French Pre
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MAT
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- 10/23/24 - Beat
MAT
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- 10/30/24 - Form 10-Q
- 10/23/24 - Form 8-K
- MAT's page on the SEC website