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Europe’s Granolas stocks may offer a healthy alternative to US Big Tech
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LVMH CEO Bernard Arnault presenting the group's 2023 annual results in Paris in January. LVMH is one of the 11 stocks whose first letter spell out the word Granolas.
PHOTO: REUTERS
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Q: If I have too much exposure to the US Big Tech sector, can I look at Europe instead as a way of diversifying?
US bank Goldman Sachs sure is known for some catchy acronyms. There was Brics – Brazil, Russia, India, China and South Africa – representing a group of emerging market countries that would dominate the global economy by 2050.
