In The Money

Europe’s Granolas stocks may offer a healthy alternative to US Big Tech

This regular column addresses readers’ investing issues.

LVMH CEO Bernard Arnault presenting the group's 2023 annual results in Paris in January. LVMH is one of the 11 stocks whose first letter spell out the word Granolas. PHOTO: REUTERS
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Q: If I have too much exposure to the US Big Tech sector, can I look at Europe instead as a way of diversifying?

US bank Goldman Sachs sure is known for some catchy acronyms. There was Brics – Brazil, Russia, India, China and South Africa – representing a group of emerging market countries that would dominate the global economy by 2050. 

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