European stocks may have a positive view

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European stocks may have a positive view

The European economy remains in a fragile state as Russia-Ukraine war moves forward.

The Kremlin stopped energy exports, and the SPDR Portfolio Europe ETF SPEU is down about 35% year-to-date. Some stocks may appear undervalued, so investors may want to look at European equities.

Multinationals with a large number of sales in the U.S. and earn income in dollars will find balance sheets in a stronger position, giving investors higher dividends or share repurchase programs.