Three European stocks with high levels of free cash flow

Each week, a professional investor tells MoneyWeek where he’d put his money now. This week: Patrick Vermeulen, fund manager, JP Morgan Europe Focus Fund.

After five years of strong performance by European equities, markets have taken a breather. This is a good moment to reflect on what will drive performance going forward.

The broad consensus is that economic growth in Europe will be pedestrian for the foreseeable future and this will have significant implications in differentiating corporate winners from losers.

We are witnessing great change, globally and in Europe, in the way business is done. Think of concepts such as [...]

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