European value stocks are doing better than growth stocks right now, according to Citi analysts. "We believe European Value still has more to run with its undemanding valuations and upside to a China recovery but investors should remain cautious and consider Quality Value. For those investors [who are] less risk averse, consider Risky Value," the analysts wrote in a Sept. 19 research note.
The stocks belong to a wide range of industries, including financial services, telecommunication services, consumer staples and materials. 'Quality value' stocks For this screen, Citi looked for stocks that scored, against a best score of 10, in the seventh or above decile for value, and in the sixth or above decile for "value low risk" and quality. The list included HSBC Holdings , which scored 9 for value, quality and low risk.
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