Investors Search for Opportunity in Unloved Corner of Stock Market
Comment of the Day

April 29 2019

Commentary by Eoin Treacy

Investors Search for Opportunity in Unloved Corner of Stock Market

This article by Avantika Chilkoti for The Wall Street Journal may be of interest to subscribers. Here is a section:

Tim Crockford, lead manager for Europe outside the U.K. at Hermes Investment Management, points to companies like Kion Group, the German forklift producer, which could benefit from the shift to automation in large warehouses as e-commerce groups expand.

“Europe does have some very exciting tech companies; it’s just that they tend to be somewhere in the middle of the value chain rather than the very downstream or at the top end,” Mr. Crockford said.

Some bullish investors see reasonable valuations on businesses with a global market rather than in an improvement in the regional economy itself.

Eoin Treacy's view

There is a bearish consensus about Europe and its prospects so that alone is a reason to start examining the market.

Click HERE to subscribe to Fuller Treacy Money Back to top