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Focus on the long-term drivers of stock returns

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Updating our factor recommendations. Choose stocks based on price momentum, trend, operating cash flow efficiency, interest coverage, and free cash flow/enterprise value. Selected stocks include: LVMH, Novartis, Shell, Novo Nordisk, TotalEnergies, Hermes International, Equinor, Christian Dior, BHP Group, BP, GSK, Relx.

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

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