2 European Stocks I like More Than Their US Rivals
Briefly

American investors looking to diversify their portfolios and mitigate volatility may want to explore European markets. While maintaining a home-country bias is common, international diversification can enhance investment opportunities. Notably, American investors might find interesting value in LVMH and ASML. LVMH, a leader in luxury brands, has seen a significant decline in stock price but still holds promise due to its strong market presence. Both LVMH and ASML are highlighted as stocks with significant potential for growth amid current market fluctuations.
LVMH Moët Hennessy is one of the most premier plays in the global luxury brand market, featuring brands like Louis Vuitton, Dior, Fendi, and Tiffany.
Despite a recent 42% decline from all-time highs amid turbulent market conditions, LVMH offers an opportunity for investors seeking wide economic moats.
American investors should consider European markets to diversify portfolios and potentially reduce volatility, as there are relative bargains available.
ASML and LVMH stand out as top picks for American investors looking for valuable European stocks despite current challenges.
Read at 24/7 Wall St.
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