Selectivity and caution, trends and themes are now key in stock market selection

Multinational brewing company SABMiller is well placed for growth in the emerging African marketTom Parker
Multinational brewing company SABMiller is well placed for growth in the emerging African marketTom Parker

There were some significant market wobbles over the past week. When markets have had a very good run (despite some unfavourable geopolitical background noise), valuation risk and careful stock selection becomes ever more critical. For value, Europe – specifically the European export sector – is probably at last the best bet given the extent to which the euro has now ...