Thursday’s Stocks to Watch in Europe

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June 12 (Bloomberg) –- BGC Brokers Market Strategist Michael Ingram discusses the today’s top stocks to watch with Anna Edwards and Mark Barton on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

Let's have a quick word on mulberry.

The luxury handbag maker that doesn't have a c.e.o. or a creative director but did release some numbers this morning.

I'm afraid that is flected in the results.

They are still living with the legacy of the previous c.e.o. who left sort of april.

He was doing a strategy of uppricing the brand.

The same that he did at hermes.

They still don't have a permanent c.e.o. and still don't have a creative director.

That seems to be vacte vacant for a year now.

A stock that has lost 2/3 of its value in two years, does it provide a buying opportunity or mountain?

It is possible.

If you look at the fundamental underpinning.

According to analysts, 44 types.

It is not clear that it is a bargain at this point.

It is very thinly draded.

Daily trading volume is -- i think that is probably technically correct.

140,000 hands a day average trading.

I wonder how many handbags that is.

Let's talk about volatile fifment why is there so much volatility at the moment?

Are we too addicted to quantitative easing from various central banks?

I think central bank act vism is clearly playing a part in damping down volatility.

We're seeing it in equity markets.

There is a reason why it is lower.

Many of the previous suppliers of volatility to the market were -- market making unit, a lot of it was wiped out through legislation.

At the same time, a lot of people were selling the -- michael, thank you very much.



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