All five companies have underperformed this year and are trading at attractive valuations, says Olney.
FORBES: German Soccer Disappoints But The Stocks Still Shine
In 1983, he founded the Korean Community Development Services Center in the Olney neighborhood of Philadelphia.
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Olney is certainly correct that lack of evidence is not evidence of lack.
FORBES: Sow "Cyberwar" Rhetoric, Reap The NSA's "Big Brother"
That case involved the discovery of a man's body in the River Great Ouse at Olney, Buckinghamshire, in 1986.
Some of the pharmaceutical companies, some of the energy companies, some of the tobacco companies are dirt cheap, says Olney.
For investors worried that they are late jumping on the bandwagon, Olney recommends German stocks that have lagged the broader market.
FORBES: German Soccer Disappoints But The Stocks Still Shine
To understand the impact of the World Cup on Coke, Olney looked back at the last one which was held in Germany.
Even embattled oil giant BP has a shine to it, says Olney.
FORBES: German Soccer Disappoints But The Stocks Still Shine
What makes the Netherlands attractive, UBS analyst Karen Olney argues, is that it is looking like one of the cheapest countries in Europe.
Residents say to get to Milton Keynes, motorists go west through Lavendon before reaching the A509, and driving 14 miles through Olney and Chicheley.
According to Olney, lack of evidence does not weaken the case for the existence of cyberwar, but rather, should serve to heighten our concern!
FORBES: Sow "Cyberwar" Rhetoric, Reap The NSA's "Big Brother"
However, Olney says the amount of money involved in the bailout is not enough to disrupt German growth, which is already showing signs of turning the corner.
Karen Olney, strategist at UBS, says it is not too late to buy European stocks with strong sales outside Europe and sell U.S. stocks that have heavy European exposure.
Here Olney likes stocks such as car-maker Renault, media giant Vivendi, publisher Wolters Kluwer, a couple of banks, including French names Societe Generale and BNP Paribas, and Dutch telecommunications concern KPN.
FORBES: German Soccer Disappoints But The Stocks Still Shine
Meanwhile, at UBS, strategist Karen Olney is offering investors a way to participate in the games by investing in stocks that are likely to benefit from the hoopla over the World Cup.
Olney was heartened by this especially since Europe on a 30-year 12-month forward price-to-earnings basis trades at a discount of 16% to the U.S. which is double the long-run average of 8%.
FORBES: German Soccer Disappoints But The Stocks Still Shine
Not surprisingly, UBS strategist Karen Olney, who has been one of the chief proponents of the buy Germany story, which was first floated in this blog on May 10, was back on the stump promoting the idea Thursday.
FORBES: German Soccer Disappoints But The Stocks Still Shine
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