Tech pick: SAP's cloud growth and valuation

In this bonus episode of The Morning Filter podcast, host Susan Dziubinski talks with Morningstar chief Europe markets strategist Michael Field about international investing. They discuss the market outlook for Europe this year and whether European stocks have any gas left in the tank after outperforming in 2025. Tune in to find out which European countries and sectors look most attractive from a valuation perspective today. They wrap up with three stock picks to buy in 2026 for the long term.

00:00:00  Welcome 

00:01:50  2026 Market Outlook: Europe

00:03:42  Will European Stocks Outperform This Year?

00:07:35   Attractive Sectors to Invest In Today

00:14:13   Stock Picks for the Long Term

Read about topics from this episode. 

Best International Companies to Own: 2026 Edition

Watch Michael Field's 2026 Outlook Webinar

Read Dave’s complete archive.

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Viewers who’d like more information about any of the stocks Dave talked about today can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post. We’ll see you next Monday!

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