U.S. Markets open in 4 hrs 17 mins

The Zacks Analyst Blog Highlights: iShares MSCI Austria Capped, iShares MSCI Netherlands, iShares MSCI Sweden Capped, iShares MSCI Ireland Capped, iShares MSCI Belgium Capped and First Trust Switzerland AlphaDEX ETF

Zacks Equity Research

For Immediate Release

Chicago, IL – June 09, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include iShares MSCI Austria Capped (NYSEARCA: EWO Free Report ), iShares MSCI Netherlands (NYSEARCA: EWN Free Report ), iShares MSCI Sweden Capped (NYSEARCA: EWD Free Report ), iShares MSCI Ireland Capped (NYSEARCA: EIRL Free Report ), iShares MSCI Belgium Capped (NYSEARCA: EWK Free Report ) and First Trust Switzerland AlphaDEX ETF (NASDAQ: FSZ Free Report ).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .

Here are highlights from Thursday’s Analyst Blog:

6 European Country ETFs to Buy Now

The global economy is surely on the mend. The World Bank has also testified to it. The Bank has kept its forecast for global growth in 2017 and 2018 same at 2.7% and 2.9%. If attained, the global economy will score a seven-year high growth rate next year.

In any case, the European economy was off to stellar this year thanks to economic improvement and upbeat corporate earnings. The region also expanded faster than the U.S. in 2016 for the first time since 2008 (read: What Makes These Europe ETFs Still Roaring ).

However, uncertainty in spreading in the European markets currently, especially due to the impending elections this year. Overvaluation concerns may also crop up after a steady run in the European ETFs at the start of the year.

As a result, investors must be watchful about which ETFs to pick. Below we highlight some ETFs that could be great picks right now irrespective of political threats. Many of these were upgraded last month as per the Zacks methodology (see all European Equity ETFs here).

Austria – iShares MSCI Austria Capped (NYSEARCA:EWO Free Report )

Austria's economy advanced 0.7% sequentially in Q1 of 2017, after an upwardly revised 0.6% expansion in the earlier period and ahead of an initial estimate of a 0.6% expansion. Export growth in this trade-centric country paced up to 2.4% from 0.3% in the previous quarter’s outdoing imports, which grew at 2%. This makes it important to bet on this Austria ETF.

Netherlands – iShares MSCI Netherlands (NYSEARCA:EWN Free Report )

Per the source , the Netherlands is beating the EU average with expected economic growth of 2.1% this year and 1.8% in 2018. Investors should note in this context that the European Commission expects that the EU economy to expand 1.7% this year and 1.8% in the next. This piece of information is strong enough to make investors more focused on the Netherlands. EWN has a Zacks ETF Rank #2 (Buy) with a Low risk outlook.

Denmark – iShares MSCI Sweden Capped (NYSEARCA:EWD Free Report )

This is yet another promising bet on the European front. Denmark’s center-right government upped its forecast for economic growth for this year and indicated that it would borrow less via bond markets on account of shrinkage in public deficit.

The government expects the deficit to shrink to 1.5% of GDP this year versus the 1.9% shortfall projected earlier. Notably, the Danish economy grew 0.6% sequentially in the first quarter of 2017, higher than flash estimates of 0.3% and following 0.5% growth seen in the earlier period. EWD has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook.

Ireland – iShares MSCI Ireland Capped (NYSEARCA:EIRL Free Report )

Ireland's GDP grew 2.5% sequentially in the three months ended December 2016. Standard & Poor’s expects Ireland’s economic growth to average 3% over the next four years despite Brexit risks. In fact, the rating agency sees short-lived damage to the Irish economy if Brexit happens. EIRL has a Zacks Rank #2 with a Medium risk outlook.

Belgium – iShares MSCI Belgium Capped (NYSEARCA:EWK Free Report )

Belgium's GDP grew 0.6% sequentially in the first quarter of 2017, higher than preliminary estimates of 0.5% and following 0.4% growth in the previous period. The Governor of the National Bank of Belgium believes that Belgium will return to its past growth rate of 2 to 2.5 % sooner or later. The economy logged modest growth in the last three years “since suffering a mild recession in 2013 during the region's financial crisis.” With this type of an economic background, Zacks Rank #2 EWK comes across as a decent bet (read: Europe After Brexit: 5 Keys to Investing with ETFs ).

Switzerland – First Trust Switzerland AlphaDEX ETF (NASDAQ:FSZ Free Report )

The Swiss economy expanded 0.3% sequentially in the first quarter of 2017, following an upwardly revised 0.2% expansion. This marks the strongest expansion since the second quarter of 2016 thanks to improving exports and business environment.

Consumer prices in April increased 0.4% year over year in April 2017. This means the inflationary backdrop is decent in the country. This makes a bet on Switzerland intriguing. FSZ has a Zacks ETF Rank #2 (Buy) with a Low risk outlook.

Want key ETF info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

Get the full Report on EWO - FREE

Get the full Report on EWN - FREE

Get the full Report on EWD - FREE

Get the full Report on EWK - FREE

Get the full Report on EIRL - FREE

Get the full Report on FSZ - FREE

Follow us on Twitter: https://twitter.com/zacksresearch

Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com/

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.

This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
ISHARS-AUSTRIA (EWO): ETF Research Reports
 
ISHARS-NETHERLD (EWN): ETF Research Reports
 
ISHARS-BELGIUM (EWK): ETF Research Reports
 
ISHRS-MS SWEDEN (EWD): ETF Research Reports
 
ISHARS-MS IRLND (EIRL): ETF Research Reports
 
FT-SWITZERLAND (FSZ): ETF Research Reports
 
To read this article on Zacks.com click here.
 
Zacks Investment Research