JPMorgan’s Faller Turns Selective as European Stocks Get Pricier

JPMorgan Private Bank’s Madison Faller says investors should be more selective in European stocks because improving earnings are increasingly priced into valuations. The note implies less upside from earnings growth alone, given tighter valuation support, reinforcing a cautious positioning stance.

Analysis

JPMorgan Private Bank’s Madison Faller says investors should be more selective in European stocks because improving earnings are increasingly priced into valuations. The note implies less upside from earnings growth alone, given tighter valuation support, reinforcing a cautious positioning stance.