The S&P Should Beat These Stocks Today

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

LONDON -- European equities are sliding Wednesday after overnight data from Japan showed that the country had a wider-than-expected trade deficit. Meanwhile, Jean-Claude Juncker, prime minister of Luxembourg and head of the group of euro-area finance ministers, will visit Athens today to hear an official request from Greek Prime Minister Antonis Samaras for a two-year extension to the country's fiscal adjustment program. Futures trading has U.S. stocks on similar ground to those in Europe, with premarket trade showing the S&P 500 (INDEX: ^GSPC  ) set to open 0.3% lower.

Even amid this weak performance, there are some European names falling even more. Here are three ADRs the S&P should outperform today.

The concrete-product manufacturer is down almost 3.5% today as it continues to see pressure following a raft of downgrades on its stock over the past week. Concerns over the global economy and the potential impact on the industry led Credit Suisse, JPMorgan, Societe Generale, and Exane BNP Paribas to lower their respective outlooks on the stock. Two of the current recommendations from these analysts suggest a "neutral" or "hold" stance, while the other two have an "underperform" rating.

Telefonica (NYSE: TEF  )
The Spanish phone company, which operates under the name O2 in the U.K., is down 1.7% today following news that the Everything Everywhere joint venture between rival firms Deutsche Telekom and France Telecom (NYSE: FTE  ) has gained permission to be the first to operate 4G networks in the U.K. Other companies are not expected to operate this fourth-generation technology -- which should allow for much faster download and upload speeds on mobile devices -- until sometime next year.

The Spanish bank is weaker today, down 1.6% amid broader moves in the country's financials as a risk-off attitude hits the high-beta sector. The move also comes as a mild consolidation after the company's shares made gains over the past week thanks to Fitch ratings agency removing much of its debt from negative outlook. At the same time, ratings agency Standards and Poor's reduced its rating on the company's "Consumo 3's class A" notes and maintained the rating on the class B paper.

As usual, this morning's European trading saw some stocks lose ground -- and perhaps provide some European buying opportunities. Indeed, legendary investor Warren Buffett has recently spent more than $1 billion buying a European large-cap stock that's currently trading well below its 2012 high. If you want to know what Buffett has bought within Europe, this special Motley Fool report -- "The One European Share Warren Buffett Loves" -- reveals everything, including the price he paid. You can download the report today for free.

The Motley Fool is helping Europe invest. Better. And with the eurozone economy so uncertain, we're urging everyone to read "10 Steps To Making A Million In The Market" -- this report may transform your wealth. Click here now to request your free, no-obligation copy.

Further Motley Fool investment opportunities:

Karl Loomes does not own any share mentioned in this article. The Motley Fool owns shares of France Telecom. Motley Fool newsletter services have recommended buying shares of France Telecom. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1991849, ~/Articles/ArticleHandler.aspx, 10/27/2016 10:47:22 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 hour ago Sponsored by:
DOW 18,169.68 -29.65 -0.16%
S&P 500 2,133.04 -6.39 -0.30%
NASD 5,215.97 -34.29 -0.65%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/27/2016 4:35 PM
^GSPC $2133.04 Down -6.39 -0.30%
S&P 500 INDEX CAPS Rating: No stars
BBVA $7.19 Up +0.23 +3.30%
Banco Bilbao Vizca… CAPS Rating: ***
CRH $32.45 Down -0.15 -0.46%
CRH PLC (ADR) CAPS Rating: ****
TEF $9.91 Down -0.05 -0.50%
Telefonica CAPS Rating: ****
ORAN $15.85 Down -0.09 -0.56%
Orange CAPS Rating: ****