"Under the wave of 'abandoning Europe and investing in America,' fund managers discover opportunities for picking up bargains."

Ranmore Fund Management fund manager Sean Peche stated that the European market has fallen out of favor, and Donald Trump winning the US election has also distracted investors' attention. However, there are still some "very attractive priced" companies in Europe. Peche said, "While Europe is in trouble, Trump has investors excited. So everyone is rushing to invest in the US... but chasing the latest and most dazzling things is usually not a good way to make money." In recent weeks, both France and Germany have been in political turmoil, causing concern among investors. However, Peche remained calm, saying, "The euro may collapse, or it may not. But the companies we hold have very attractive stock prices." Peche favors stocks like BNP Paribas in France and Rabobank in the Netherlands. He said BNP Paribas' book value (or net assets) is continuing to grow, and Rabobank has a dividend yield of 10.2%, which is very attractive. In the UK market, Peche said that stocks like Associated British Foods, which owns retail giant Primark, are being overlooked by investors. He said, "Primark's operations are very good. It is an excellent diversified company with a great management team." Peche said, "The company's stock price is very attractive, and the dividend is also good. They are buying back stocks, but because it is a mid-cap stock and listed in the UK, it is not popular." Peche also likes Atlantic China Welding Consumables, Inc., as well as medium-sized companies across the Pacific, such as the US toy giant Mattel, Inc. (MAT.US). With well-known brands like Barbie, this toy manufacturer has diversified beyond its core products. Peche said that Mattel, Inc.'s management team "has turned the business around, debt is now very manageable, and they have initiated a $1 billion buyback plan." Peche said that the new Barbie animated series released in November and the second documentary series launched in September demonstrate Mattel, Inc.'s rise and bring growth potential to this toy manufacturer, currently valued at around $6.2 billion. In October, both Mattel, Inc. and its competitor Hasbro, Inc. (HAS.US) lowered their year-end performance expectations due to a decline in toy sales in the third quarter. Mattel, Inc. stated that it expects sales in the last three months of the year to be "slightly lower" than previously expected.