Expensive stocks..Air Liquide, Pilkington, TF1 and WPP in Europe; and in the US, Juniper Networks, Bed Bath & Beyond Inc, Stanley Works and Best Buy.
Pair trades between best/inferior business models : Total vs. Norsk Hydro; Travis Perkins vs. Pilkington, Carrefour vs. Sainsbury and Centrica vs. RWE. If we ignore the relative earnings momentum, then we would also highlight Air France vs. Finnair, GSK vs. Roche; and Nokia vs.Ericsson.
European companies that have had superior asset turns and revenue growth against their regional peer group over the last five-years and based on consensus forecasts. The following satisfy these criteria, agree with our sector analysts' choices as BBM stocks and look cheap : Thales, Autoliv, Aegis, Adidas, CRH, Total, GSK, Travis Perkins, Nokia and Centrica. |
