Bargain Hunters Flock To European Stocks in Great Rotation From the U.S.
- Valuations, earnings, economic cycle to drive outperformance
- Stocks poised to gain after French election risks recede
Why Stock Investors Are Dumping the U.S. for Europe
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The chorus of strategists and investors rooting for European stocks over their U.S. peers is getting stronger.
While U.S. equities led the reflation rally that began in November, those seeking sanctuary from lofty stock valuations are gravitating toward Europe for cheaper bargains as the trade matures. Strategists at Deutsche Bank AG urged investors this week to cut holdings in U.S. stocks in favor of the region’s shares, along with BlackRock Inc.