US stocks have risen more than European stocks for years. The continental listed companies have started the year well and are cheaper, but analysts believe that it is still early to talk about a turning point.

Analysts agree on one thing: European stock markets are much cheaper than the US market. But an argument at hand for Wall Street defenders is the recent publication of the closing business results of last year, as well as the forecasts for this year and the following ones. Earnings per share growth in the US reached an average of 7.2% in 2023, and sales growth reached 4.1%. However, in Europe business profit remained flat from an aggregate point of view.