With Europe Recovering, Look for Unilever and Siemens to Prosper

NEW YORK (TheStreet) -- Not even a year ago, Carl Weinberg, the founder and chief economist of High Frequency Economics, declared in an interview with Barron's that Europe was in a depression. But, as detailed in a recent article in TheStreet, current manufacturing data show that the continent is recovering. Investors could profit from the rebound via stocks headquartered in Europe, such as Royal Dutch Shell (RDS.A), Unilever (UL) and Siemens (SI), among many others.

In particular, the energy sector for Europe is very promising.

The continent is starting to move toward allowing fracking for oil and natural gas. Spain just revised laws to permit fracking. And Britain and Poland already allow fracking. That is bullish for Repsol (PINK:REPPY), the major oil company that is based in Spain. It is also good news for Royal Dutch Shell, the second largest oil and natural gas entity in the world and the biggest in Europe. Small-cap firms such as Octagon 88 (OTC:OCTX), headquartered in Switzerland, will also benefit. Europe is the second largest market for natural gas in the world. The more energy it produces and the less it imports, the more job-creating capital stays at home, and the better its balance-of-payments position becomes.

Companies in the consumer sector will also gain.

Britain's Unilever and Switzerland's Nestle (OTC:NSRGY) are two of the biggest and best consumer corporations to be found. Many of their brands are easily recognizable. Nestle's chocolate speaks for itself. Unilever's many popular products include Dove, Lipton and Vaseline. Unilever even owns the counterculture pride of Vermont, Ben & Jerry's (I guess we all sell out to The Man eventually). Both of these blue chips are not only strong in Europe, but also around the world.

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