Sunday, June 3, 2007

German Stocks Beat Europe, Emerging Markets, Emulating '60s Earnings Gains

(Bloomberg) -- The best emerging market in Europe is
Germany, and the country's publicly traded companies are getting
cheaper by the day.

Not since the 1960s has industrial Germany looked so
appealing to equity investors in search of earnings growth,
acquisitions and rising consumer spending. Compared with Poland,
where stocks are priced at 17.8 times profit, Germany is still
the bargain, says Herbert Perus, who helps oversee about $58
billion as the head of equities at Raiffeisen Capital Management
in Vienna.


Read more at Bloomberg Stocks News

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