From Morningstar: 2024-09-27 08:26:00

High-quality European companies offer better long-term value than short-term market trends. An analysis reveals UK stocks are most numerous, followed by France and Switzerland. Companies with wide economic moats are expected to deliver strong returns for investors over the next two decades. Environmental, social, and governance factors play a critical role in evaluating a company’s sustainability. Predictable cash flows and smart financial decisions also contribute to long-term success. A quarterly watchlist identifies undervalued European stocks across various sectors, such as industrials, consumer staples, and healthcare. Key sectors include basic materials, consumer cyclical, financial services, consumer defensive, healthcare, industrial, and technology and communications. Criteria for selecting the best companies include wide economic moats, standard or exemplary capital allocation, and low or medium fair value uncertainty. Exchange rates as of 24 September 2024 are provided for EUR/CHF, EUR/GBP, EUR/SEK, EUR/DKK, and EUR/NOK.



Read more at Morningstar: Best European Companies to Own Right Now