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    Is Shell (SHEL) Europe's Hidden Investment Gem? | FinOracle

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    Is Shell (SHEL) Europe's Hidden Investment Gem? | FinOracle

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Is Shell (SHEL) Europe’s Hidden Investment Gem?

Explore if Shell (SHEL) is a top undervalued European stock amid economic recovery, potential growth, and strategic shifts.

by Mark Eisenberg
Sun, Sep 29, 2024 3:07am
in Finance
• 2 mins read
14.8k
Is Shell (SHEL) Europe's Hidden Investment Gem? | FinOracle

Photo: Finoracle.net

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Europe’s Economic Outlook

The latest insights from the European Commission's Economic Outlook reveal a gradual recovery in the European economy. After a phase of stagnation, growth is modestly picking up, with a 0.3% increase in the first quarter of 2024. Although this is still below potential, it's a sign of improvement. A further growth of 1.0% in 2024 and 1.6% in 2025 is anticipated. Meanwhile, inflation is expected to decrease significantly—from 6.4% in 2023 to 2.7% in 2024 and 2.2% in 2025. This cooling inflation could result in the European Central Bank reducing interest rates gradually.

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