In these volatile times for global equity markets, the need for careful stockpicking has become of p...
In these volatile times for global equity markets, the need for careful stockpicking has become of paramount importance. Whereas 12 months ago, entire sectors moved up or down in line with prevailing sentiment, the recent spate of profit warnings issued by companies across a wide spread of sectors highlights the importance of identifying the likely winners from companies that are finding it increasingly difficult to compete. At this stage, one of the key issues facing larger companies in Europe is the extent to which the US economic slowdown will affect their operations. The major indus...
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