Reconsider investing in Europe with these 'very attractively priced' stocks, fund manager says [MSNBC.com]
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Source: MSNBC.com
Delivering AlphaReconsider investing in Europe with these 'very attractively priced' stocks, fund manager saysPublished Fri, Dec 20 2024Shafi MusaddiqueWATCH LIVEKey Pointswatch nowVIDEO4:2704:27Portfolio manager names 'attractively priced' European stocksInvestors 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."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 GermanyMacron named Francois Bayrou his new prime ministertoppling of Michel Barnier's governmentMacron call
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