5 div­i­dend stocks to buy as Euro­pean in­dex crushes S&P 500

Financial Mirror (Cyprus) - - FRONT PAGE -

Af­ter years of un­der­per­for­mance, the STOXX Europe 600 is maul­ing the S&P 500 this year, and it is a trend that could con­tinue for a while. The large Euro­pean in­dex is al­ready up 14% this year, ver­sus the S&P 500’s 2.52% gain. A new re­port from Deutsche Bank cites sev­eral pos­i­tive rea­sons for the cur­rent out­per­for­mance.

The 11% mar­gin the Euro­pean bourse has over the S&P 500 two months into the trad­ing year is the big­gest dif­fer­ence in 25 years. Deutsche Bank points to a very con­vinc­ing quan­ti­ta­tive eas­ing strat­egy that be­gins this month, im­prov­ing macroe­co­nomic data, and strong eq­uity in­flows that have pushed mar­kets higher de­spite the tur­moil in Greece.

Th­ese five blue-chip com­pa­nies are suit­able any long-term growth port­fo­lio:

ASML Hold­ing N.V. (NAS­DAQ: ASML) de­signs, man­u­fac­tures and ser­vices semi­con­duc­tor pro­cess­ing equip­ment. The con­sen­sus price tar­get is $105.95. The stock closed way above that on Fri­day at $107.68.

ING Groep N.V. (NYSE: ING) re­cently an­nounced a 1.8% div­i­dend for the first time since the 2008 fi­nan­cial cri­sis. The con­sen­sus price tar­get is $13.59. Shares closed well above that on Fri­day at $14.83.

Nokia Corp. (NYSE: NOK) re­cently an­nounced a deal with T-Mo­bile to ac­cel­er­ate the de­ploy­ment of small cell units that op­er­ate in the un­li­censed ra­dio bands. In­vestors are paid a 2.0% div­i­dend. The con­sen­sus price tar­get is $9.46 and shares closed on Fri­day at $8.01.

No­var­tis A.G. (NYSE: NVS) is the world’s big­gest drug­maker by sales and is also the man­u­fac­turer of the fourth top-sell­ing on­col­ogy drug - Gleevec. In­vestors re­ceive a 2.7% div­i­dend. The con­sen­sus price tar­get is $103.57 and closed Fri­day at $102.40.

Royal Dutch Shell PLC (NYSE: RDS-A) has sur­vived the oil pric­ing plunge as good as or bet­ter than any other ma­jor in­te­grated stock. In­vestors are paid a solid 4.7% div­i­dend. The con­sen­sus price tar­get was not posted. Shares closed Fri­day at $65.37. (

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