BlackRock Investment: Europe Outperforming US and 3 Stocks to Buy Now

European stocks have been outperforming their US peers since late September, and BlackRock Investment's Rick Rieder recently discussed the potential for this trend to continue. The U.S. Federal Reserve could raise interest rates to 6% and keep them there for an extended period of time to fight inflation, and Rieder believes that this could lead to more outperformance from European stocks.

Rieder stated that European corporate earnings were surprisingly resilient in the fourth quarter of 2022, and this could be due in part to the fact that the continent has been relatively successful in containing the novel coronavirus pandemic. He also pointed out that there is still room for further fiscal stimulus in Europe, which could be a tailwind for stocks.

Rieder also highlighted three stocks that investors should consider buying now. The first is BlackRock (NYSE:BLK), which closed at $674.66 in the latest trading session, marking a -1.99% move from the prior day. He believes that the near-term headwinds present an excellent buying opportunity for long-term investors.

The second stock mentioned was MACRO, which recently announced the completion of an over $90 million minority investment led by BlackRock Alternatives and HarbourView Partners. This investment marks an important milestone for MACRO, which is a content company run by Charles D. King.

The third stock to consider is Larry Fink's BlackRock, which has been a major player in the finance world for many years. As February turns to March, the finance world is waiting with bated breath for one of its most dubious annual traditions: The Larry Fink Letter. This letter is sent out to shareholders every year and is full of insights and predictions from the billionaire investor.

In conclusion, European stocks have been outperforming their US peers since late September and this trend could continue into the future. BlackRock Investment's Rick Rieder has highlighted three stocks that investors should consider buying now, including BlackRock (NYSE:BLK), MACRO, and Larry Fink's BlackRock.