European Large-Caps At 30 Year Low Relative To Small Caps Based On B/VMani
Morgan Stanley (NYSE:MS) analysts believe European large cap stocks offer the best risk-reward and now is the time to enhance exposure to these stocks.
Graham Secker and team at Morgan Stanley (NYSE:MS) in their recent report dated May 6, 2014 on “European Strategy” point out large-caps are a significant consensus underweight across both long-only investors and hedge funds.
30-year relative valuation low on P/BV
The Morgan Stanley analysts point out . . .
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