Europe also boasts its own collection of high-performing stocks, referred to as the Eurostars – a term coined by Jordy Hermanns, Portfolio Manager at Aegon Asset Management. The Eurostars comprise Novo Nordisk, ASML, LVMH, Ferrari, Adyen, Schneider Electric, and Hermès. Remarkably, since the beginning of 2020, this elite group of European stocks has not only matched but outperformed the robust performance of the US-based Magnificent 7. “These companies have increased their weight and influence in benchmark indices. This winner-takes-all paradigm has had a significant impact on the global econo…