Comments on: Are European Value Stocks Poised for Recovery? http://blog.alliancebernstein.com/index.php/2012/10/25/are-european-value-stocks-poised-for-recovery/?utm_source=rss&utm_medium=rss&utm_campaign=are-european-value-stocks-poised-for-recovery The AllianceBernstein Blog on Investing Wed, 22 May 2013 07:20:14 +0000 hourly 1 http://wordpress.org/?v=3.4.1 By: Tawhid Ali http://blog.alliancebernstein.com/index.php/2012/10/25/are-european-value-stocks-poised-for-recovery/#comment-24057 Tawhid Ali Thu, 22 Nov 2012 10:22:14 +0000 http://blog.alliancebernstein.com/?p=2899#comment-24057 We are finding elevated value spreads across all sectors in Europe. By value spreads, I mean the value gap between the most expensive and cheapest stocks within a sector. Most sectors are at all time wide gaps on that measure. We are finding the greatest opportunities in the UK, France, Netherlands and Italy, where we are not having to take on additional risks of leverage. It is difficult to find any sector that is resilient to economic, political and regulatory shocks. Having said that, I think there are particularly interesting opportunities in European large-cap pharma, which has a fair amount of resiliency to those three concerns. We are finding elevated value spreads across all sectors in Europe. By value spreads, I mean the value gap between the most expensive and cheapest stocks within a sector. Most sectors are at all time wide gaps on that measure. We are finding the greatest opportunities in the UK, France, Netherlands and Italy, where we are not having to take on additional risks of leverage.

It is difficult to find any sector that is resilient to economic, political and regulatory shocks. Having said that, I think there are particularly interesting opportunities in European large-cap pharma, which has a fair amount of resiliency to those three concerns.

]]> By: Sachee Trivedi http://blog.alliancebernstein.com/index.php/2012/10/25/are-european-value-stocks-poised-for-recovery/#comment-23347 Sachee Trivedi Sun, 18 Nov 2012 23:44:15 +0000 http://blog.alliancebernstein.com/?p=2899#comment-23347 Interesting article. Are there any particular sectors that you think are particularly interesting and that are more resilient to regulatory and further econo-political shocks? Also, are you finding value across Europe or you think that a particular geography dominates? Regards, Sachee Interesting article. Are there any particular sectors that you think are particularly interesting and that are more resilient to regulatory and further econo-political shocks? Also, are you finding value across Europe or you think that a particular geography dominates?

Regards,
Sachee

]]>