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Favor Stocks with Strong Price Momentum

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Price momentum strategies have outperformed recently and exhibit favorable breadth characteristics. Also, favor companies with greater interest coverage, lower volatility, and cheaper free cash flow multiples. Favored Stocks Include: Swisscom, LVMH, Nestle, L'Oreal, Unilever, Roche Holding, Novo Nordisk, Safran, SAP, Compass Group, Diageo, Relx, BHP Billiton, Anglo American.

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

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