Three true value stocks for the long term

Portfolio manager Sam Morse tips three attractively valued shares for long-term investors.

Each week, a professional investor tells MoneyWeek where he'd put his money now. This week:Sam Morse, portfolio manager, Fidelity European Values.

Since I began managing money, more than 20 years ago, I have always sought attractively valued companies that are capable of growing their dividends in a sustainable way.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Sam Morse

Sam Morse is a portfolio manager of Fidelity European Values.He joined Fidelity in 1990 as a research analyst and four years later he progressed as a portfolio manager in 1994, where he was responsible for running several retail UK equity funds and mandates. In 1997 Sam joined M&G as Head of UK Equities and one fund he ran in particular was the M&G UK Growth Fund. Sam then went back to Fidelity in 2004 as Head of the Institutional UK Equity Team, and his role consisted of developing UK equity solutions for institutional clients and managing UK equity portfolios. Since 2009 to present, Sam continues to manage the Fidelity European Fund and Fidelity European Trust PLC since 2011.