Citi backs European banking stocks for gains

By Stephen Cauchi
Updated May 26 2015 - 5:08pm, first published 4:14pm
European stocks are looking cheap, especially on the longer view. Photo: iStock
European stocks are looking cheap, especially on the longer view. Photo: iStock
The German DAX is a leading performer, up 20 per cent year to date. Photo: Sean Gallup
The German DAX is a leading performer, up 20 per cent year to date. Photo: Sean Gallup
European stocks are looking cheap, especially on the longer view. Photo: iStock
European stocks are looking cheap, especially on the longer view. Photo: iStock
European stocks are looking cheap, especially on the longer view. Photo: iStock
European stocks are looking cheap, especially on the longer view. Photo: iStock

European stocks are the most promising as far as international stocks are concerned, according to new research from CitiGroup, displacing the "old leadership" from the US.

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