Favored Factors Include: Price Momentum, Free Cash Flow Multiples, Earnings Revisions, Interest Coverage. Favored Europe ex. U.K. Stocks Include: LVMH Moet Hennessy, Michelin, Banco Santander, Sanofi, Schneider Electric, Akzo Nobel. Favored U.K. Stocks Include: Redrow, Standard Life, Relx, Spectric, IMI, Hays.
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