In this video, I will talk about four interesting European companies that could provide investors with some diversification outside the United States. I chose a mix of companies in different industries.
German defence contractor Rheinmetall's subsidiary Denel Munition signed a multi-year contract for the delivery of 155mm projectiles for a European NATO country, the company said on Thursday.
Rheinmetall's stock has surged on European rearmament, but current valuation is too high to justify a large investment right now. Strong revenue growth and a robust order backlog support long-term prospects, yet much future upside appears already priced in. Geopolitical factors, including EU spending diversification and US competition, may limit Rheinmetall's market share gains.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.