Four top-value European stocks to buy now

Professional investor Phil Cliff believes the latest shakeout in European markets presents investors with some good opportunities to pick up decent medium-term returns. Here, he picks four European firms that offer excellent value for money.

Each week, a professional investor tells MoneyWeek where he'd put his money now. This week, Phil Cliff, manager of the Focus Fund at Occam Asset Management.

Our investments are picked from the best European (including British) markets offering attractive valuations. We focus on 30 or fewer firms and are constantly meeting top management to gauge up-to-date information on our stocks and test our convictions. This also keeps us posted on the latest industry trends. Corporate-level data suggests to us that the latest shakeout across Europe presents some excellent opportunities for medium-term returns. So, what would we buy? Here are four of our top picks.

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