Europe May Be Down, but It’s not Out

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July 11 (Bloomberg) -- On today's "Insight & Action," Adam Johnson looks at a tough month for Europe. He speaks on "Money Clip." (Source: Bloomberg)

Insight in action.

Europe may be down, but not out.

Here is why we are talking about europe today.

Over the past 11 months, we have had seven dips down to this trend line, and it's held each time.

We've done it again.

This is the eight time europe as gone down.

That is why i say down, but not out.

You can understand why it has been down this most recent time.

The portuguese banks care, week gdp growth, only 2/10 of a percent, high unemployment at 11.6%, almost twice what it is in the u.s. unanswered -- and uncertainty about energy supplies from the ukraine.

You can understand why europe has fallen down for an eight time to that trend line, but the trend line is still holding.

That is why we use this as an opportunity.

We screen the euro stoxx 50 hundred for at least 25% earnings growth.

We are trying to find companies in europe that might have been punished.

And this is key, where there are no analyst saying to sell.

As it turns out, we did not find very many names.

At that is the point.

We are trying to zero in on the wallet he names that we want to own potentially.

And here they are.

Not typically groups that we talk about here in the u.s. ash t group is equipment rental.

Their dearest is real estate development.

Again, not names we know a lot about.

But these are european standups.

They have high growth and earnings forecasted to be at least made by percent higher this year.

And very highly rated, not a single cell.

-- sell.

You can make money in europe, and that is the point.

This text has been automatically generated. It may not be 100% accurate.

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