Top European Equities to Watch in 2023Posted by sharnya on March 16th, 2023 Investing in European equities has been a popular choice for investors looking for diversification and long-term growth. In 2023, there are several top European equities to watch that are poised for growth and potential investment opportunities.
.L'Oreal SA (OR) L'Oreal SA is a French multinational beauty company that specializes in cosmetics, skincare, and haircare products. The company has a portfolio of over 35 brands, including Lancome, Maybelline, and Garnier, and operates in over 150 countries. L'Oreal has been investing heavily in digital marketing and e-commerce, which has helped it maintain its position as a leading beauty brand. Additionally, the company has a strong focus on sustainability and has committed to reducing its environmental footprint. As consumers become increasingly conscious of sustainability, L'Oreal is well-positioned to benefit from this trend. L'Oreal is a top European equity to watch in 2023.
LVMH is a French multinational luxury goods conglomerate that produces a range of high-end fashion, jewelry, and perfumes. The company owns some of the most iconic luxury brands in the world, including Louis Vuitton, Dior, and Bulgari. With the ongoing growth of the global economy, there is an increasing demand for luxury goods in emerging markets, particularly in Asia. LVMH is well-positioned to benefit from this trend, and the company is currently trading at a discount to its historical average price-to-earnings ratio. This makes it an attractive investment opportunity for those looking to invest in the luxury goods sector. 6.Unilever NV (UN) Unilever is a British-Dutch multinational consumer goods company that produces a range of household products, including food, beverages, cleaning agents, and personal care products. The company has a strong focus on sustainability, and its brands include some of the most recognizable names in the world, such as Dove, Lipton, and Knorr. With the ongoing trend towards sustainable and environmentally-friendly products, Unilever is well-positioned to benefit from this trend. The company is currently trading at a discount to its historical average price-to-earnings ratio, which makes it an attractive investment opportunity for those looking for a stable and reliable investment in the consumer goods sector. Like it? Share it!More by this author |