The year to date shows that excessive dependency harbors risks. Increasing political uncertainty and high valuations are prompting many investors to look for alternatives. Europe and Asia offer exciting companies that are often valued more favorably and have great long-term potential.
Strong European alternatives for your portfolio:
Adyen $ADYEN (+0,42%) is a leading payment service provider that is benefiting from increasing digitalization. After a difficult year, the company could get back on track.
Schneider Electric $SU (-1,07%) from France is a key player in energy and automation technology and is benefiting from electrification and the growing focus on sustainability.
Novo Nordisk $NOVO B (-0,85%) a classic and dominates the market for diabetes and obesity medication. The strong demand for Wegovy and Co. ensures continuous growth.
ASML $ASML (-0,36%) is indispensable for the chip industry. Without ASML's machines, there would be no modern semiconductors. A real growth stock for the future.
Lotus Bakeries $LOTB (-0,67%) is growing worldwide with its popular Biscoff cookies. The expansion into new markets makes the company exciting for long-term investors. More on this in one of my last posts.
Exciting stocks from Asia:
Tokyo Electron $8035 (+1,15%) is one of the most important suppliers to the semiconductor industry and is benefiting from the global chip boom.
Alibaba $9988 (-2,5%) remains an e-commerce and cloud giant with long-term potential despite regulatory challenges.
Fast Retailing $9983 (+3,1%) (Uniqlo) is growing strongly in Asia and could establish itself as a global fashion brand.
The MSCI World ex USA as an alternative for passive investors:
If you want to reduce your US share but do not want to invest in individual stocks, you can use an ETF on the MSCI World ex USA as an alternative. Regular purchases via a savings plan can gradually dilute the US share in the portfolio.
What is your current US share? Are you planning to reallocate or are you still heavily invested in the USA?
