MatteoFagotto78 @MatteoFagotto78: "🤞ᴡɪʟʟ ᴇᴜʀᴏᴘᴇᴀɴ ʙᴀɴᴋs ғɪɴᴀʟʟʏ ᴏᴜᴛᴘᴇʀғᴏʀᴍ..."

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🤞ᴡɪʟʟ ᴇᴜʀᴏᴘᴇᴀɴ ʙᴀɴᴋs ғɪɴᴀʟʟʏ ᴏᴜᴛᴘᴇʀғᴏʀᴍ ᴛʜᴇɪʀ ᴀᴍᴇʀɪᴄᴀɴ ᴘᴇᴇʀs? 🤞 According to Bloomberg, Europe’s Stoxx 600 Bank Index is projected to return more than 22% in 2024, which would be its second-best year since 2012. Of the 46 banks in Europe’s Stoxx 600 Bank Index, 32 are expected to post a double-digit stock return this year, while 24 are seen breaking 20%. Analysts see European banks as undervalued, and consensus is growing that the Bank of England and European Central Bank will cut rates in the second quarter. My best bets for the sector are $LLOY.L (Lloyd's Banking Group PLC) , $BARC.L (Barclays) (UK stocks are expected to outperform their US and EU peers) and $GLE.PA (Societe Generale Group) (whose restructuring efforts are finally expected to bear fruit between 2024 and 2025). What about yours? Drop some names! $BNP.PA (BNP Paribas SA) $ABN.NV (ABN AMRO Group NV) $INGA.NV (ING Groep NV) $SHB-A.ST (Svenska Handelsbanken ser. A) $SAN.MC (Banco Santander SA) $ACA.PA (Credit Agricole S.A.) $BBVA.MC (BBVA) $HSBA.L (HSBC Holdings) Translate

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