Three great European stocks to buy now

Investors have been fretting about European sovereign debt issues all year, badly affecting the markets. But professional investor Kathleen Dewandeleer believes there are plenty of reasons to be optimistic about European equities. Here, she tips three reliable stocks from the continent to buy now.

Each week, a professional investor tells MoneyWeek where she'd put her money now. This week:Kathleen Dewandeleer, investment director, European equities, SWIP.

Fears of a sovereign debt default have consumed markets since the start of the year. In Europe, some analysts are even starting to question the validity of the single currency project. But we feel these fears are overdone. In fact, away from the debt crisis, there are reasons to be relatively optimistic about European equities.

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