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3 Stocks Set to Beat the S&P Today

Karl Loomes
September 20, 2012

LONDON -- European equity markets are seeing another day of losses Wednesday, directed form the outset by overnight trading in Asia, where stocks were under pressure following disappointing Chinese manufacturing data. The HSBC Flash China manufacturing purchasing managers' index showed that the country's factory production is continuing to slow, although it did climb slightly to 47.8 from 47.6 last month, increasing concerns of economic slowdown and the impact of recovery and stimulus measures. Early trade shows that Wall Street is likely to follow the European markets at the open, with the S&P 500 (INDEX: ^GSPC  ) down almost 0.5%.

Despite this broad weakness, there are, as always, some individual names outperforming. Here are three American depositary receipts that are set to beat the S&P today.

Coca-Cola Hellenic Bottling (NYSE: CCH  )
The bottling giant is up almost 3% in Athens today, bolstered after it was included in the 2012 Dow Jones Sustainability Index for the fourth consecutive year. This lists the company as one of the world's top beverage companies by sustainability, being just one of four beverage companies in the index. This comes days after news the company is looking at options for listing its stock on other exchanges, including a potential move to London as its primary listing, which may well see it included in the FTSE 100 index of largest British companies.

Ryanair Holdings (Nasdaq: RYAAY  )
The Irish budget airline is up 1.3% Wednesday thanks to findings by the country's aviation authority. It was concluded that Ryanair planes that had b