European retailers that are earning you money

European retailers have been under pressure so far this year for various reasons. The terrorist attacks, uncertainty on global growth and slowdown in emerging markets are a few of the catalysts which contributed to a weaker sectorial performance when compared to the market. The Stoxx Europe 600 Retail Price Index is down nine per cent year-to-date. However, despite the headwinds faced by European retailer, there are a number of companies within the sector which are outperforming not only the sector but also the market. On September 8, European Central Bank boss Mario Draghi will address the good and bad of the European economy and what the ECB will be doing given the report on the European economy. We expect the ECB to announce additional Quantitative Easing measures (QE) given the recent developments in the European Region (namely Brexit). For this reason we retailer stocks (especially in Europe) to maintain positive momentum as we move closer to the meeting. Below are five stocks in the European retail industry which have performed very well this year: WM Morrison Supermarkets (MRW LN EQUITY, 33% up YTD) Wm Morrison Supermarkets PLC retails groceries through a chain of...

from timesofmalta.com http://ift.tt/2bE82xf
via IFTTT