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FPXE - Digging For Value In Struggling European Stocks
First Trust IPOX Europe Equity Opportunities ETF
European stocks have lagged developed market peers because the regional economy has been especially hard hit.
Weakness in European stocks reflects the macroeconomic environment.
Finding promising investment candidates require a clearheaded focus on business fundamentals and cash flow generation instead of relying on multiple expansion, which has fueled high-growth companies in recent years based on future expectations.