Favored Factors Include: Price Momentum, Cash Flow Multiples, Earnings Revisions. Favored Europe ex. U.K. Stocks Include: Michelin, LVMH Moet Hennessy, ABB, Fresenius SE, Koninklijke Philips. Favored U.K. Stocks Include: WPP, BP, Tesco, Rolls-Royce, Rio Tinto, BHP Billiton.
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