Continental European Stocks Upgraded at Credit Suisse

By Roger Neill

Nov. 10 (Bloomberg) -- Continental European shares were raised to “overweight” from “underweight” at Credit Suisse Group AG, which said Germany “looks particularly attractive.”

“Continental Europe tends to outperform when both global lead indicators rise and earnings are being revised up, a combination we expect to continue into the first half of 2010,” strategists including Andrew Garthwaite wrote in a report dated today. “Europe tends to outperform when interest rate expectations start to rise.”