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Favor Price Momentum Following Strong Earnings Growth Environment

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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, Continental, Pernod Ricard, DnB, ABB Limited, SAP, Capgemini Favored U.K. Stocks Include: Persimmon, Burberry Group, Diageo, Relx, Intl Consolidated Airline, Rio Tinto, Mondi

Ned Davis Research | Stock Selection | Europe Portfolio Strategy | Monthly

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