What are the “Granolas”? Discover the 11 stocks driving European equity markets

Europe’s equity markets are being propelled forward by eleven key stocks, including GlaxoSmithKline, Nestlé and L'Oréal. Why are they called the Granolas and should you invest in them?

Woman researching stocks while eating a bowl of granola.
(Image credit: Getty Images - Eva-Katalin)

You have probably heard of the Magnificent Seven – the tech stocks driving record US market highs. But what are the Granolas?

There has been a lot of noise around US equity markets in recent months as the S&P 500 soared to new heights. But what you might now know is that the European equity market also reached a record high in February, when the Stoxx 600 Index surpassed its 2022 peak. It has continued to rise since.

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Katie Williams
Staff Writer

Katie has a background in investment writing and is interested in everything to do with personal finance, politics, and investing. She enjoys translating complex topics into easy-to-understand stories to help people make the most of their money.

Katie believes investing shouldn’t be complicated, and that demystifying it can help normal people improve their lives.

Before joining the MoneyWeek team, Katie worked as an investment writer at Invesco, a global asset management firm. She joined the company as a graduate in 2019. While there, she wrote about the global economy, bond markets, alternative investments and UK equities.

Katie loves writing and studied English at the University of Cambridge. Outside of work, she enjoys going to the theatre, reading novels, travelling and trying new restaurants with friends.