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European Stock Bulls Keep Calm Even as Threats Surface

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Don’t give up on European equities.

That’s the message from firms including RBC Wealth Management, which has maintained its overweight rating on continental European stocks even as the region’s benchmark gauge has lagged its U.S. peer this year. Although trade tensions between the U.S. and China continue to rattle global markets, bulls say European equities’ cheap prices and solid profit momentum can underpin stock gains.