S&P Capital IQ's ten European power picks for 2013

As risk appetite returns and investors begin to dip their toes back into European equity markets, S&P Capital IQ Equity Research has revealed its ten ‘power picks' for 2013 from the European stock universe.

The research team has analysed the key themes set to influence the performance of European equities over the next 12 months, and compiled a list of stocks it expects to outperform the broader market. “We believe the binary risk events of the past few years should dissipate as 2013 progresses,” said Robert Quinn, chief European equity strategist at the firm. “This will allow equities to re-rate to 2003-2007 levels, if growth recovers simultaneously. “We anticipate fiscal tightening in 2013 will be of a similar level to 2012, but materially lower in 2014, providing a positive impulse,” ...