The European stocks in my portfolio are mainly value stocks or some heavily hit Covid companies that I think have overly corrected eg. Airlines, Telecomms, Utilities, car manufacturers and banks, as well as renewables.
So, I wanted to know what european, growth, technology or digital-related stocks you have invested in and if possible why (why they have potential to grow rapidly), so that I can research them and hopefully invest in some European Tech/Growth/Digital related companies.
Does anyone have any suggestions and reasons for why they have potential to grow rapidly?
If you want to be even more specific, you also specify which European stocks are high risk with very high growth/reward also .
My idea is to supplement my core investments with a “European Tech” pie, so any suggestions are welcome. My plan is to come up with a list and then do a quick check to trim it down. A bit like creating my own personal ETF and investing small amounts of money regularly. I already have about 12 companies on a preliminary list (see below).
I know I could just look at the iShares ETF and take its holdings, but I would prefer to get community suggestions to get a feel for what other people think might do well in the future and compare ideas. (I did have a look at it, see here: https://www.ishares.com/uk/individual/en/products/251961/ishares-stoxx-europe-600-technology-ucits-etf-de-fund)
For completeness, the ones that I have currently got in mind are: Nokia, Ericsson, Amadeus IT, Spotify, ASML, Alfen Beheer, Rightmove, Avast, Nel (Hydrogen), Cellnex, Boohoo and Atos. What do you think of these?
Another question, what are your thoughts on the european semiconductors such as ASML, Infineon and STMicroelectronics?
Hopefully this can lead onto a thread discussion on European tech/growth stocks .
Note: I realise that the post is quite long so I have highlighted the 4 key sentences/phrases.