No Factor Recommendation Changes this Month. Favored Factors Include: Price Momentum and Cheaper Free Cash Flow Multiples. Favored Europe ex. U.K. Stocks Include: Christian Dior, Adidas, Unilever, Axa, DnB, Deutsche Post, SAP, BASF. Favored U.K. Stocks Include: Persimmon, Burberry Group, Relx, Mondi, International Consolidated Airlines Group.
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