Repsol, Inditex among 64 European stocks ​​recommended by Morgan Stanley

MADRID | Morgan Stanley in Madrid released an investor note on Tuesday with some recommendations, and we spotted a couple of Spanish companies (always on the bright side, we know…)

“We propose the following basket of 64 stocks ​​(Nifty Fifty +) with the intent to replicate the behaviour on the original list (Nifty Fifty) for the years 60/70 in the U.S.

“The criteria we used for this stock selection exercise are: bargaining power in price, sustainable growth, financial strength, dividend and exposure to emerging markets. This is a list at a premium valuation versus the MSCI Europe, justified regarding growth profiles, low levels of leverage and quality of results.”