European Financials Combine Low Price With Strong Momentum
U.S. stocks have seen big rallies this year, and may be in need of a correction, but Europe is still in the early stages of its recovery. European financial institutions, which some investors are avoiding out of fear of another sovereign debt crisis, could be one of the best value buys going right now. Citi’s European strategist Jonathan Stubbs is bullish on Europeans banks and other financial institutions . . .
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