European Stocks that May Buck the Trend
100.00%September 09 | MyPlanIQ portfolio symbol P_36790
European Stocks that May Buck the Trend
For those who are looking for diversity, finding European stocks that
you may want to own can be a challenge. Alexander Crawford of
Kapitalist.com looks into
4 European Stocks May Buck the Trend.
While the outlook for Europe as a whole is not rosy, he focused in on
four US-traded stocks of European companies with bullish sentiment from
short sellers as measured by significant decreases in shares shorted
month-over-month.
His list:
- DryShips, Inc. (DRYS): Engages in the ownership and operation of drybulk carriers and drilling rigs that operate worldwide. Shares shorted have decreased from 11.67M to 8.06M over the last month
- NXP Semiconductors NV (NXPI): Provides mixed signal solutions and semiconductor components. Shares shorted have decreased from 4.81M to 4.08M over the last month
- Tornier N.V. (TRNX): Operates as a medical device company that
designs, manufactures, and markets devices for joint replacement and
soft tissue repair. Shares shorted have decreased from 853.00K to
678.68K over the last month
- Vistaprint N.V. (VPRT): Operates as an online provider of marketing products and services to micro businesses worldwide. Shares shorted have decreased from 11.08M to 10.30M over the last month
I am curious to see whether this filter delivers results as having access to European stocks is something I would like. It will be interesting to see how they compare with our benchmark dividend bearing ETF portfolio.