Stocks in Germany and France saw declines of nearly 25% in the third quarter, while those in Italy fell by more than 33%. However, in all this carnage, forward-thinking investors could find some amazing deals. Following Warren Buffet's wisdom, by "being greedy when others are fearful," Europe currently offers a fertile ground for contrarian investors.
Broad measures for European equities are trading at historically low metrics. The SPDR EURO STOXX 50 (NYSE:FEZ), which tracks Europe's 50 largest companies, can be had for a P/E of less than nine and nearly 5.49% dividend yield. Investors can use this ETF, or the iShares S&P Europe 350 Index (NYSE:IEV), as a broad way to play the region.
Source: Investopedia
Related Articles:
- Dividend Stocks Are Getting Expensive
- Never Fall In Love With A Stock
- Seven Stingy Dividend Stocks
- 4 Dividend Stocks For The Social Security Blues
- Industrial Strength Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.