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Analysis - Europe's megacap appeal stokes stocks to record highs streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
By Danilo Masoni MILAN (Reuters) - Growing demand for megacap stocks that tap global secular growth trends has catapulted European shares to fresh highs, although some say their star may wane as investors seek value elsewhere. Obesity drug supersta. ....
Stock pickers have been lured to names like Tesco and Carrefour, whose profits have been boosted by the rising cost of everything from pasta to chocolate ....
European grocers could exceed market expectations for earnings growth this year as they keep prices high even as costs fall, but the spectre of declining inflat. ....